The twilight zone economy

RealInvestmentAdvice/Patick Hill

Repost from 4-5-2021

Advertisement for the 1960s television serial The Twilight Zone“Our economy has entered the twilight zone. Today, economic leaders base policies on a hoped-for utopia with bubbles called ‘growing markets’ and greed termed ‘good valuations’. The twilight zone economy is a place where fundamentals have disappeared. It is a utopian world of no moral hazard for business, financial or economic mistakes.”

USAGOLD note:  What are the consequences when financial markets trade on a perception of reality rather than reality itself? Patrick Hill, who has 20 years of experience in the tech sector under his belt, explores that question in this in-depth article and offers some conclusions with which we happen to agree. The reality, however, is that the Federal Reserve and the federal government are not likely to take his advice anytime soon …… A must-read at the link…

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