Born into a Big 5 investment banking family, I quit organized financial racketeering to go straight. MacDougal Irving is my Blogger Protection Identity, and I am a retired Certified Public Accountant and, like all of us, a badly misinformed investor. These are my observations on capital market cons as they were explained to me across the dinner table as a kid.
September 12, 2016
The Big Picture
We here at The MacDougal Post have been coming to grips with what strikes us as a nefariously mutating long term investment continuum by taking things in one parcel at a time. The piece linked below, graciously passed along by a valued subscriber, is just Part 1 in what's already a comprehensive, sweeping view produced by some impressive broad-vista thinking. It's well worth your time:
http://www.zerohedge.com/news/2016-09-10/time-get-real-part-1-central-banks