Savvy Trades and Investments

[michael t]

I hope you're right nelson. I fear the last twelve years have instilled a complacency regarding the consequences of massive QE and government debt. Previously, it has been a gradual process with no significant negative consequences. We've gone parabolic by orders of magnitude over what occurred during the past twelve years.

You may be correct that this will propel the markets to new highs due to the massive liquidity. There is also a possibility that the shear magnitude could accelerate the realization of the negative consequences.

I fear we could be in for a decade plus of poor returns in equity markets.