GOIH Capital Markets---Market Summary

The market tanked today after the FOMC minutes were released.

We see today's sell off as a "set-up" for those foolish enough to go hunting with the Fed. Don't be surprised to see an early morning bear raid by the Fed where the Fed Funds Rate is lowered before the market opens and all who are "naked short" will pay the price.

We will post a more economically rigorous analysis on why none of the Fed's actions will have any effect on the "economy", but only on the "financial markets".

Why?

The global financial markets are linked as well as the economies. Money is merely recycled from Asia back to the US via the financing of the budget deficient by the purchase of US Treasury debt.

Will the time ever come where the government sells an equity derivative rather than debt to finance the budget deficit?