Secret Fed Memo Guarantees No Recession for 10 Years

Source: http://charleshughsmith.blogspot.com/2019/03/the-fed-guarantees-no-recession-for-10.html

A classified Federal Reserve memo sheds new light on the Fed's confidence in its control of the economy and the stock and housing markets. In effect, the Fed is guaranteeing that there will be no recession for another 10 years, and that stocks and housing will remain in a permanent uptrend.  Paraphrasing the memo, we have the tools to insure that stocks and housing do not just remain at a permanently high plateau but continue to move higher in a permanent uptrend.

The Fed memo refers to the enormous success of the Fed's dovish about-face since December: (again, paraphrasing the memo): The Federal Reserve's management of policies and market expectations since December prove that we can reverse any downturn and reignite expansion of stock and housing valuations at will. We can thus guarantee a permanent expansion of stock and housing valuations into the indefinite future.

Fine Print:  April Fool's Day!