Still Betting on High Inflation

"These days, people seek knowledge, not wisdom. Knowledge is of the past, wisdom is of the future." -- Vernon Cooper

One of the core parts of my daily routine involves reading scores of news articles, from myriad sources, on a variety of topics; I read when I am on the elliptical machine, when I'm having breakfast and any other chance I get. I believe this is an absolute necessity to being a profitable active trader, and also to my position as a frequent writer of new investment ideas and themes.

During my Thursday perusal, two particular items caught my eye. One that gathered a lot of attention, and helped turn the market down in the final hours, was the surprisingly hawkish view from a good portion the Federal Open Market Committee. Evidently half of the committee is turning against the prospect of endless quantitative easing, and they want to curtail the Federal Reserve's efforts here before the year is out....404 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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