As forecast, the Merger and Acquisition trend which we have been long reporting would peak when the Federal Reserve would aggressively raise interest rates and cut off the cheap money supply, has indeed peaked. Indeed, they “slowed to a trickle”... and here are the latest “trickles.”
All the mainstream media, as illustrated in this week’s Trends Journal cover, are whores. Nothing more than Presstitutes who get paid to put out by their corporate pimps and government whore masters.
As we have long noted, by the facts, Wall Street and Main Street are worlds apart and have no interrelationship.
Remember the big news that the U.S. Labor Department claimed over 500,000 jobs were created in January, which we reported was merely a government analysis estimate and the number was contrary to the declining economic fundamentals. Among them is the fact that some 35,000 temporary employees were fired during the height of the Christmas shopping season.
U.S. equity markets have been bouncing up and down on interest rate expectations, period. It’s all about the cheap monetary methadone, nothing else counts for the money junkies who gamble in the markets... that the mainstream media calls “investors.”
U.S. equity markets slipped Friday on news that the economy added 517,000 jobs in January, raising concerns that the U.S. Federal Reserve might keep interest rates higher longer.
As forecast, the Merger and Acquisition trend which we have been long reporting would peak when the Federal Reserve would aggressively raise interest rates and cut off the cheap money supply.
All economic eyes this week are on Davos, and according to The Wall Street Journal, the “Mood is Somber as Many CEOs Question Economy’s Future.”