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[nimblebear]

Says this interesting article from Stockman...

http://davidstockman...-94-since-2011/

While he more or less indicts the Fed, and folks like Goldman, he sort of fails to mention one teeny tiny detail.... This all is occurring due to the grand chase for yield (via junk debt issuance or what have you), and that has been the objective of our Fed ALL along, which has been to force people out of safer, or formerly previously decent yielding instruments, and into far far riskier instruments using the quaint notion that risk=growth.

That this is occurring on such a grand scale, as has never been seen before, is inconsequential to everyone chasing yield, the FED itself, or any banker. In other words "don't confuse me with the facts" is an ingrained trait of the 100%, who will ride this puppy down into the next market bottom quite a bit lower than what occurred in 2008. Yep, it's the 99% AND the 1%.