Can We Make Sound Financial Decisions Anymore?

I.

Hate.

Central.

Banks.

Loathe them.

They’ve hijacked our economy and the markets and taken away all our power to make sound financial, investment, and business decisions.

Sure, you’ve got to hand it to them: they pulled us away from a depression, thanks to their trillions in stimulus. I mean, QE has had a huge impact on the economy. Two percent growth isn’t great, but it’s a hell of a lot better than a depression.

But in the process, they’ve separated the economy and markets from any fundamentals.

There’s no rhyme or reason why the markets should be as high as they are, yet we are, Dow breaking 26,000…

Demographically, the economy should be slowing down – with the exception of the blip in births that recently hit on a 46-year lag, yet here we are…

Companies aren’t making productive investments in their businesses. Rather, they’re buying back shares, and so prices go up…

Worst of all, there’s no precedent here. There’s nothing to look back on and say, “well this is what happened before, so here’s what we can expect!”

Essentially, there’s no way to make sound financial, investment, or business decisions anymore because the tools we could once use are now useless.