I'm all in at short 1722.5 dec Posted in my bar thread real time Targets are 1711 and 1693 by Friday With longer term target of 1653
1900 end of year Fed is never going to taper. In reality the printing press should be running maximum 24/7 to fix the US trade balance & deficit, and to retain US superpower status. The liberal central banking policies of China is precisely why they are beating us. The neoclassical ideology is dead, it's full speed ahead from here.
That imperial model has worked since 1982 in the context of multiple real deflationary factors. I don't think the Fed will enjoy the same luxuries over the next 30 years.
Us gov Debt ceiling at 16 tril. Fed balance sheet currently at 4 tril and growing. Approx 25%. This is way different then china so I have no clue what tsktsk is saying.