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The banks in the Federal Reserve System have done very little with
the massive liquidity they have been given except to hoard it and use it for their own purposes.
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As far back as 2001, Jim Shepherd began monitoring the decline in the rate of inflation and
warned that if the conditions that created this decline could not be arrested,
the U.S. economy could experience its first bout of deflation since the 1930s.
[Read More]
News stories from leading financial publishers appear to be poorly-researched
and woefully inadequate of late.
The cacophony of shallow news reports is of no help at all to those trying to make sense of the market's moves.
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On October 25th, 1999, Jim Shepherd's Model issued its first sell signal
since 1994, which was the first warning that the great bull market was
over...
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Throughout history bull markets have been born out of pain and adversity
and truly climb a wall of worry until they're on a firm footing...
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One of the most difficult things for most investors to understand is
that in the investment markets, often the opposite of what you feel...
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