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IPFS News Link • Stock Market

As Stocks Soared This Week, This Is What You Missed

• https://www.zerohedge.com, by Michael Every

To date, you would have missed the Brexit bill finally passing in the UK – and Europe reminding the UK that they can't have a free trade deal without being closely aligned with them on all fronts, and the UK saying "Oh yes we can." As if this were still pantomime season.

Then there were Prince Harry and Princess "Suits" Meghan deciding that they would like to be independently wealthy and royal in a tax-payers-pay-for-our-travel-and-security-bills and living-off-royal-estates kind of way, while also doing dignified things like selling energy drinks and avoiding undignified things like the whole dull public duties kind of stuff.

And how about US stocks at an all-time high again? Indeed, we also have the US President tweeting: "STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 409K'S DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong!" Of course, Trump has tweeted similar things before, but this is a blatant apotheosis which takes us to a political-economy of 'liberté, inégalité, équité'. I seem to recall similar headlines to the Trump tweet, albeit worded differently, in the Chinese press during their epic equity bubble of 2015.


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