[Zhiyi]

There hasn’t been a remotely functioning market in years. The vast majority of the transactions are performed by HTC and machines. Moreover we saw what happened when the last round of QE ended in 2011..

This is shaping up to be the same scenario. The fed will respond and restart QE.

While QE makes the average person more poor, it us great at inflating the market and driving the search for returns which are paltry in the bond market.

Count on it…more QE and remember that the market stopped being connected to the economy a long time ago and has grown very fast despite a stagnating state of economic affairs.

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