Thursday, November 14, 2013

The rich get richer under BarryO-----Art could be drawing a disturbing economic picture

Art could be drawing a disturbing economic picture:
"Some argue that the sale is giving us a message about inflation that investors aren't getting from the action in gold, the Dollar Index, or the government's official consumer price index data.
"Asset inflation took another leg higher last night," wrote Peter Boockvar in a Wednesday morning note. "Thank you Federal Reserve, and thank you Bureau of Labor Statistics for not including art in the consumer price index.""

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