FYI: The lesson of recent developments
regarding Greece, China and the Federal Reserve isn’t that
officials are losing control, but instead how events confirm the
great extent to which they are the key determining force in
financial markets.
Indeed, for an investor, watching officialdom, in its many
guises, is becoming something approaching the only game in town.
As any gambler can tell you, when there is only one game in town
it is hard to get an even break.
Regards,
Ted
http://blogs.reuters.com/james-saft/2015/07/14/the-only-game-in-town-james-saft/
