“Shock” That Will Crush The Economy & A Lost Generation
August 7, 2013
On the heels of continued volatility in key global markets, today 40-year veteran, Robert Fitzwilson, put together another tremendous piece. Fitzwilson, who is founder of The Portola Group, discusses the fear, confusion, and chaos that rules the investing world today. Below is Fitzwilson’s outstanding and exclusive piece for KWN.
By Robert Fitzwilson of The Portola Group
August 7 (King World News) – “Tinker Taper Soldier Spy”
Some may recognize the title above as resembling the title of the novel by John le Carre published in 1974. We modified the title a bit, but our version seems to describe what we have seen in the financial and geopolitical world in recent weeks.
The central bankers continue to tinker with the global financial system by a cat and mouse game of suggesting that tapering is in the offing, but then suggesting that there will be no tapering of purchases by the Fed in the foreseeable future….