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Will the Bear Attack?

By Richard Russell

 

I want to start this site off with a bow to Fred Hickey, who puts out The High Tech Strategist. Hickey is a prodigious worker and reads everything. Fred is a true believer in gold and I read his work carefully.


Speaking of "advisories," I'm getting the most amazing collection of fear and greed pamphlets that I have ever seen. Most of the pamphlets are written by professionals who have a smattering of knowledge about the markets and the economy. These pamphlets are mailed out by the hundreds of thousands.

Americans are scared to death and befuddled by the news of the day. They are well aware that their own lives and jobs have little to do with the nonsense that the Fed and the government is shoveling out to them.

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The Fed will raise rates next quarter -- or the quarter after that-- or the quarter after that -- or maybe ... Log in or subscribe to continue reading.


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