[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]
Blue-haired Edna’s investment will be crushed as time plays out. The Federal Reserve and other central bankers have destroyed the economic cycles with their money printing and market intervention. Retail investors that are hiding in utilities and consumer staples right now thinking they are the smartest kids on the block, aren’t. They are preparing for a Kondratieff winter by covering themselves with a fig leaf.