As the world’s Central bankers once more “co-ordinate” to promise fire trucks full of money to the freezing global credit markets, stock markets are doing back-flips on the news. The fact that global contagion and recession risks are now evident enough to prompt such radical announcements is apparently news for another day. In the meantime, this clip made me giggle. For the adults in the room, giggles these days are not too plentiful and always much appreciated.
Follow
____________________________
____________________________
Danielle’s Book
Media Reviews
“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
Toronto SunSubscribe
This Month
Archives
Log In
Hi Danielle,
Given the constant manipulation by central banks and governments, I’m not sure how to side step all the land mines they keep planting. I’m currently 99% cash and had been contemplating using inverse etf’s at some point when this newest liquidity infusion runs its course. Which way is the market going?….toss a freaking coin!