The false show of a glorious future that the wicked is putting on is at hand.(Pimco’s El-Erian: Stock Market Rally Is ‘Artificial’)

Greetings,

 They are deceiving you with this so-called rally in the stock and bond markets. This is a trick being used by the devil on the world, especially on the so-called negroes in order to make them to believe that America still has a great future and these crisis and this turnoil will soon be ironed out ,and things will soon go back to being the normal way of their rule.

   It is a lie. It is a trick. It is pure deception and those of you who fall for it will reap the exact things that the people of noah and lot received for their rejection of the truth and their embracing of that which is a lie.

   “As it was in the day of Noah and Lot, so shall it be in the day of the coming of the son of man. In the day of Noah, the children of the Sodomites came out happy that morning, and that was the end. They saw a cloud making up. They just considered that it was a regular rain cloud, but that was the end!

     Muhammad warns us that…” I am afraid for you, that you will receive what the people before you did receive. Allah (God) is very angry with America and the tricknology that she uses on the dead to keep them dead. You are very disappointing to Allah (God) and to the original Black man who knows himself (a very few) of course.

    The false show of a glorious future that the wicked is putting on is at hand. “–pg.203(tfoa)

Pimco’s El-Erian: Stock Market Rally Is ‘Artificial’

Source: www.moneynews.com 

  The impressive stock market rally is “artificial,” being driven by central banks’ super-low interest rates, says Mohamed El-Erian, CEO and co-CIO of Pimco.

Going forward, the market will need more “genuine growth” in the form of strong corporate balance sheets and robust economic activity and less “assisted growth” from central banks, El-Erian writes in a blog for CNBC. That transition will probably occur in the United States, but not in Europe any time soon.

While the Dow Jones Industrial Average had its best first-quarter performance since 1987 and the Standard & Poor’s 500 surged 10 percent, “Investors,” he says, “need only look at where some other benchmarks ended the quarter to get a feel for the unprecedented and artificial nature of today’s capital markets.”

The stock market rally has coincided with continuing ultra-low bond yields, such as the 10-year Treasury down to 1.85 percent and a 10-year German government bond as low as 1.29 percent, and gold up to $1,596 an ounce.

Why that unusual combination of stock, bond and gold prices? Central banks, especially the Federal Reserve and European Central Bank, have fueled risk taking, driving up equities despite a slow economic recovery, a recurring eurozone crisis and ongoing worries about geopolitical risks.

In the coming weeks, he notes, we’ll get a better idea if the recovery is gaining speed and if central banks are willing to continue supporting asset prices. El-Erian predicts they’ll say they are willing to continue supporting economic and job growth.

“Indeed, the willingness call is a relatively easy one,” he explains. “The much more difficult call relates to the sustained ability of central banks to maintain control over the range of competing and conflicting forces.”

Investors have no historical precedents or reliable models they can use to predict the future, he points out.

The scope and scale of central bank operations are already unprecedented. Once unthinkable capital controls were imposed on a eurozone country, and analysts continue to worry about geopolitical risks, he writes, referring to Afghanistan, North Korea, Pakistan and Syria.

While central bank interventions are sometimes needed, he maintains, “Actions need to be strong enough to offset Congressional dysfunction and headwinds from abroad. But if too strong, they would damage for a long time the functioning and integrity of markets.”

Other commentators have also called the latest stock market artificial and due mainly to the Fed pushing rates down. But Fed Chairman Ben Bernanke says the Fed’s low-rate policy is not creating a stock bubble.

“In the stock market, we don’t see anything that’s out of line with historical patterns,” Bernanke says, according to The Washington Times.

Stocks, he notes, are below all-time record valuations after adjusted for inflation.

Read Latest Breaking News from Newsmax.com http://www.moneynews.com/InvestingAnalysis/El-Erian-Fed-market-central-banks/2013/03/29/id/496934?s=al&promo_code=12F9B-1#ixzz2PG8cfKD9
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