In the Fed's new Idioconomy, everyone quits their McJob and daytrades stocks full time:
Keep those trailing stops tight though, in case riots break out overnight, say in Hong Kong or everywhere else...
"Corporate profits, corporate profit margins continue to shock most economists"
"The Fed is still in “emergency measures” mode with 0% interest rates and QE and other stealthier forms of helping banks and corporations minimize financial costs "
"The Republican/Democrat regime at the federal, state, county and local levels still kowtow to corporations with ever more excessive subsidies and protection."
"Every saver and/or retiree is still desperate to find some sort of yield and decent gains on their money.
The iPhone6 (Plus) is the reason this can continue:
"The seemingly insanely huge advances in productivity our economy has gained from apps, smartphones, tablets, PCs, Internet, etc., is what has enabled the Fed to play these games much longer and has likewise enabled the Federal government’s debt/low-rates addiction to grow much larger than they would have been able to in other times."
Apparently, 0% interest rates is not a result of Third World imported deflation...
CPI with Net Exports
CPI with Fed Funds Rate:
No iPhone Here:
This has nothing to do with iGadget productivity, this is all merely 35 years of imported deflation:
