WHO NEEDS TO WAIT FOR OUR FED? CHINA NOW JOINING THE PRINTING PARADE!

We typically do not write in the middle of the day but things are getting noisy. And we are not talking about the market. We are talking central banks. While all the divergences are still out there, China announces 500 billion of printing and at the same time, Yellen leaks 0% for a long long long time. As usual, a stumbling market gets juiced and life is good again. So we now have Europe and China printing oodles and oodles…as Bernanke University is open for business.  Short sellers may have to put their life jackets back on because there continues to be a direct correlation with the trillions printed and equity markets. Call it manipulation, rigging…doesn’t matter. We call it the reality of the situation and thinking they will never stop unless and until markets stop them. None believe there will be any repercussions of all this interference because so far, there have been no repercussions. Psychology and human nature dictate people will repeat and repeat behavior as long as it provides pleasure and no pain.  The spigot opens even more than it already is.