Online:
Visits:
Stories:
Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

There Is No Longer A Market: Citigroup Confirms What Zero Hedge Has Said Since 2009

Monday, May 25, 2015 15:10
% of readers think this story is Fact. Add your two cents.

(Before It's News)

zerohedge.com / by Tyler Durden on 05/25/2015 17:13

“Zero Hedge long ago gave up discussing corporate fundamentals due to our long-held tenet that currently the only relevant pieces of financial information are contained in the Fed’s H.4.1, H.3 statements… macro economic data now is essentially one big joke.”

– Zero Hedge, January 2010

“we have been saying since day one […] that when it comes to securities price formation in a centrally-planned regime, it is flow not stock that matters.”

– Zero Hedge, June 2012

Those were the rantings of a “tinfoil hat-wearing”, “conspiracy theory-heavy” website, which dared to speak up time and again against widely-accepeted economic and financial dogma, which has been the foundation of the Fed’s flawed experiment now in its 8th year.

And they were right.

Here is what the global head of credit strategy at Citigroup just said this last Friday.

READ MORE

The post There Is No Longer A Market: Citigroup Confirms What Zero Hedge Has Said Since 2009 appeared first on Silver For The People.



Source: http://silveristhenew.com/2015/05/25/there-is-no-longer-a-market-citigroup-confirms-what-zero-hedge-has-said-since-2009/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.