{"id":60368,"date":"2021-11-09T08:10:28","date_gmt":"2021-11-09T13:10:28","guid":{"rendered":"https:\/\/olduvai.ca\/?p=60368"},"modified":"2021-11-09T08:10:28","modified_gmt":"2021-11-09T13:10:28","slug":"how-long-can-lies-control-supplant-reality-free-markets","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=60368","title":{"rendered":"How Long Can Lies & Control Supplant Reality & Free Markets?"},"content":{"rendered":"
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How Long Can Lies & Control Supplant Reality & Free Markets?<\/a><\/h3>\n<\/header>\n
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The facts of\u00a0surreal<\/strong><\/a>\u00a0yet broken (and hence increasingly controlled and desperate) financial markets are becoming harder to deny and ignore. Below, we look at the blunt evidence of control rather than the fork-tongued words of policy makers and ask a simple question: How long can lies & control supplant reality?<\/p>\n

The Great Disconnect: Tanking Growth vs. Supported Markets<\/strong><\/p>\n

It\u2019s becoming harder to keep up with the increasingly downgraded GDP growth estimations from the Atlanta Fed.<\/p>\n

As recently as August, its GDPNow 3q21 estimates for the quarterly percentage change was as high as 6%.<\/p>\n

But within a matter of weeks, this otherwise optimistic figure was cut embarrassingly in half.<\/p>\n

Last month their GDP forecast sank much further to 0.5%, and as of this writing, it has been downgraded yet again to 0.2%.<\/p>\n

\"GDPNow<\/figure>\n

Needless to say, 6% estimated growth falling to effectively 0% growth is hardly a bullish indicator for the kind of strengthening economic conditions which one might otherwise associate with risk asset prices reaching all-time highs for the same period.<\/p>\n

The current ratio of corporate equities to GDP in the U.S. (>200%) is the highest in history.<\/p>\n

\"Markets<\/figure>\n

This growing yet\u00a0shameful disconnect<\/em>\u00a0between market highs and economic lows is getting harder to explain, ignore or deny by the architects of the most artificial, rigged and dishonest market cycle in modern history.<\/p>\n

In short, it is no longer even worth pretending that stock markets are correlated to such natural measurements as natural supply & demand or a nation\u2019s economic productivity.<\/p>\n

After all, who needs GDP in the New Abnormal?<\/p>\n

By now, even Fed doublespeak can\u2019t hide the fact that the only market force which the post-08 markets require is an accommodative central bank\u2014i.e., a firehose of multi-trillion liquidity on demand.<\/p>\n

\"The<\/figure>\n

But as for this most recent GDP downgrade, it is being blamed on tanking US export data.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

How Long Can Lies & Control Supplant Reality & Free Markets? The facts of\u00a0surreal\u00a0yet broken (and hence increasingly controlled and desperate) financial markets are becoming harder to deny and ignore. Below, we look at the blunt evidence of control rather than the fork-tongued words of policy makers and ask a simple question: How long can […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[2299,1849,335,27390,391,2864,927,31019],"class_list":["post-60368","post","type-post","status-publish","format-standard","hentry","category-economics","tag-control","tag-financial-markets","tag-free-markets","tag-goldswitzerland","tag-growth","tag-lies","tag-manipulation","tag-matthew-piepenburg"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60368"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60368\/revisions"}],"predecessor-version":[{"id":60369,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60368\/revisions\/60369"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}