With word this week of the passing of a famed “end of the world” prophet, it may be logical to wonder “what now?”
Is there life after the destruction of the world is canceled?
As far as we know even after the most dire of events there is a future yet to come, but like anything in the future it can never be known, even if clues abound, but that won’t stop the predictions
The overwhelming opinion whenever thought of the end of Quantitative Easing was considered was negative, as it alone was thought to be propping up the stock market. As with those preparing for earthly catastrophe, investors of that belief took the opportunity to sell positions, because as we all know in the post-apocalyptic world, cash is king.
But the clarion call announcing the coming of the dreaded taper finally came and it turns out not to be the end of the world. However, as opposed to that now deceased self-anointed prophet, after two recent failed predictions of the earth’s destruction, he decided to get out of the prophesy business. That’s not likely to be the case for those who prophesied market doom in the event that the Federal Reserve punch bowl was depleted.
Those predictions will keep coming.