Schiff Vs. Insana; Matter Vs. Anti-Matterby Tyler Durden
Sep. 13, 2012
1.Trump is Right: GOP Debate Audience is Packed Full of Republican Donors
2.Government Agents Hunt Woman Down After Seeing Facebook Picture Of Her Rehabilitating Baby Squirrels
3.Report: Hillary Clinton Was "Glowing" About Goldman Sachs During Paid Speech
4.Julian Assange Warns "A Vote For Hillary Is A Vote For Endless, Stupid War"
5.New 'Traffic Violations Agency' Brings Buffalo Extortion Racket to All Time High
6.Florida Cops Unload On Man Holding Gun Fearing Home Invasion After Knock On Door At 1AM, Had Wrong House
7.Illinois: Cops Lose Case After Hiding Video Evidence
8.'End of Europe': Trump Slams Merkel's Refugee Policy, Wants Good Relations With Russia
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.