Senior Member of the LVIC shares his insight into the global economy at the Las Vegas Investment Club meeting. He explains: How the rich are getting much richer and the Federal Reserve Program of Quantitative Easing is very good for them – and not the middle class, How the Fed’s program of Quantitative Easing is positive for us – only in the near term with serious consequences in the long term.
On a more positive note:
1 Finally, it may be – that the ‘Fat Cats’ who created the circumstances that contributed to the collapse in ’08 are being held accountable.
2 Fundamental sectors are looking strong
3 IPO’s are fully capitalizing
4 China is stabilizing
As ever the LVIC focus remains on – what you should do today! (as well as the near and long term) in order to make money and/or stop from losing it.