Say Goodbye to Normal | KUNSTLER

``What [the Fed governors] do doesn't matter anymore. What matters is that a great deal of the notional "wealth" they conjured up over the past decade or so is about to vanish --poof! Perhaps that will look like a black magic act. That wealth seemed so real! The bulging portfolios with their exquisite allocations! The clever options! The cunning shorts. Especially the canny bets in dark derivative pools! All up in a vapor. The sad truth being it was never there in the first place. It was just an hallucination induced by the manipulation of markets and the criminal misrepresentation of statistics, especially the employment numbers.''