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Authored by Lance Roberts via RealInvestmentAdvice.com, September 20th, 2017 will likely be a day that goes down in market history. It will either be remembered as one of the greatest achievements in the history of monetary policy experiments, or the beginning of the next bear market or worse. Given the Fed’s inability to spark either inflation or economic growth, as witnessed by their dismal forecasting record shown below, I would lean towards the latter. The media is very interesting. Despite the fact there is clear evidence that unbridled Central Bank interventions supported the market on the way up, there is now a consensus that believes the “unwinding” will have

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