Schiff Vs. Insana; Matter Vs. Anti-Matterby Tyler Durden
Sep. 13, 2012
Polish MP Schools BBC Host On Refugees: 'How Many Terror Attacks Have You Had In London?'
Protesters Blow Whistles As Trump Sends 'Thoughts And Prayers' to Rep Steve Scalise
Gohmert: FBI's Refusal to Label Scalise Shooting Terrorism Suggests DOJ Compromised by Obama Holdovers
DEMS LOSE AGAIN: Ossoff Loses Second Round EVEN HARDER Despite Spending $22 Million
Trump Skips Ramadan Dinner For The First Time In Nearly Two Decades
Perhaps no better example of the two camps of perspectives on the market's performance and the Fed's expectations was on display this afternoon on CNBC. In the 'we need some destructive asset clearing in order to get back to any sort of growth trajectory and the Fed is feeding an inflationary monster with its band-aid upon band-aid money-printing' camp is Peter Schiff; while the other side of the investing octagon is Ron Insana who sees a '100% rise in stocks as evidence of something and that the Fed must do something, anything in order that we avoid the reality under the surface of a deleveraging deflationary world economy'. We are not sure of the winner as the shouting became too much to bear - but nevertheless the vociferous nature of the two combatants (each proclaiming their #winning-ness) shows the bifurcated world in which we live.