Expectation of a Conforming Confirmation

Equity indices are gaining record levels as protests grow in the streets. Is this “disconnected?”

Equity values are moving up on positive job-growth numbers, which suggests that Wall Street and Main Street are not disconnected.

Rising equity value indicates deflated demand, which conforms to a near-zero rate of interest, and how Wall Street and Main Street are connected, adjusted for the inflator.

While the expectation is that interest rates will rise as the economy recovers, existing with better numbers, it is not clear what the numbers actually indicate. With interest rates so low, we should be well into recovery, but we are not. Rising equity value then must mean that we are not in recovery because there is no expectation of rising interest rates.

It is not clear what the expected, conforming confirmation is.

Not being clear what the connection is does not mean there is a disconnection.

Protesters do not expect to be treated like so much cattle herded around by the hired hands; cyclically oscillated, fattened up with expectations, then headed up and moved out for the slaughter house.


About griffithlighton

musician-composer, artist, writer, philosopher and political economist (M.A.)
This entry was posted in Political-Economy and Philosophy and tagged , , , . Bookmark the permalink.

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