You know how it always begins…with the best of intentions. Maybe even with some good worries or reasonable concerns. But eventually, the government always goes too far and begins to over-interpret the laws, and seeks to consolidate more power and money to itself and its various activities.
I’m pretty certain this has happened with respect to the reported financial returns of the biggest US companies because:
- The government granted itself the power to do that
- The reported numbers of the Big 7 (APPL, AMZN, etc.) are ‘too good to be true’ as compared to the entire rest of the universe of stocks
- The last 20 years of Federal Reserve and federal government activity in the financial ““markets”” has been one of increasing and more frequent interventions.
Always with, you can be sure, (more…)