The Fed Is Funneling the Investing Herd Off a Cliff

What happens to price in a bidless market? It goes off a cliff.

This is a syndicated repost courtesy of oftwominds-Charles Hugh Smith. To view original, click here.

Originally appeared at: http://davidstockmanscontracorner.com/the-fed-is-funneling-the-investing-herd-off-a-cliff/