Buy me a coffeeBuy me a coffee

Breaking News

CEA Chairman Kevin Hassett Discusses Disconnect Between Wall Street and Main Street… #TopNews


The investment instruments created by Wall Street billionaire hedgefund managers and institutional multinational banking interests; operated by robotic algorithmic data networks, while programmed to twitch and flitter with coded signals only decipherable by the hired engineers; are wildly swinging amid their detachment from Main Street.

This fluctuating Wall Street process is likely to continue; actually, it’s going to get a hell of a lot worse; because the invisible data driving the activity behind the swings is based on investment bets, derivatives that are entirely disconnected from actual Main Street financial results.  Chairman Hassett discusses:

.

Full Spectrum: “The Main Street-Wall Street demarcation has been fortuitously blurred, all to Wall Street’s benefit. Recall the mass migration over the last few decades from defined pension plans to self-directed IRAs and 401ks. This was Wall Street impregnating Main Street with Wall Street’s sweatless ethics. Main Street is very much ‘in the market’. Trumponomics desperately needs a tutorial to the American people explaining the rockiness of the transition and all that’s at stake.”…

Advertisements

Let's block ads! (Why?)



from The Last Refuge Follow Conservative Tree House

Web Market Power providing the latest marketing tips, news and tricks throughout the industry.

 


Try Caviar Food Delivery



Sourced by the online web marketing guys. Web Marketing Experts that know how to drive business uniquely using creative marketing methods, and self-sufficient social media strategies.


Source Conservative Tree House

No comments