Armstrong's entire point about whether the US stock market would double before 2015.75 or after, was all about whether US stocks (and the dollar) would continue to behave as a Public asset, or would they phase shift and become a Private asset (and rise while interest rates are rising, i.e. rising when the general economic outlook is tightening and worsening thus not being bought for income potential but rather like gold bought for being a hedge against government). It became clear by the end of 2014 that the latter was the case.
What has happen is the entire world will look at the dollar and US stocks as a hedge against the collapse of government every where outside the USA from 2015.75 to 2017.9 (not because stocks can't be confiscated by government but because it will be the only mainsteam, high market cap asset not collapsing). After 2017.9, the world will become very confused because the artificial boost the USA got from the stampede of international capital into the USA during that period will have peaked and with the sky high dollar (and stock valuations) and the rest of the world utterly imploding due to being short the dollar and overloaded with debt, the USA will start to implode. So after 2017.9, capital is going to be very confused where to turn to. At that point, the dollar and stocks may shift back towards Public assets especially if the USA and other governments start to attack all traceable assets. At that point, all that will be remaining are gold and any crypto that can survive the onslaught by government capital controls and interference with the internet. But one big problem is these private assets do not have sufficient market cap to absorb the $trillions of international capital (and their market caps can't grow that fast without become speculative bubbles that will burst due to the wealth effect where market caps rise faster than the capital actually invested in the market cap[1]). If the government is able to block all avenues for Private wealth, then we will collapse into a Dark Age where only food is money.
TPTB, beautiful and impressive, that sums it up pretty well.
I found out about M.A. around half a year ago. Myself being an engineer, I don't want to learn, I want to understand.
And for me that was possible
only following M.A.
The FED will definitely not raise 1-2% in October and I don't think that diagram suggest that. As Armstrong says, the FED is completely powerless from now on - they lost all their credibility to do anything about the economy. Though a new QE could make some noise temporary in the markets.
altcoinUK, appreciate the Input. I agree that FED can not do anything about the economy, in a fashion to turn it around.
Still though, that doesn't quite stop them from not doing anything.
TPTB, do you maybe have some thoughts for the FED Rate array above. According to this (if I interpret it correctly), there is a possibility that FED will raise the rate in October. I'm not trying to find a reason why the FED would do it, but what would be the trigger that would stipulate the FED to make that move.
