Will Wall Street be able to "get happy" long enough to push through a January Sucker Rally...?
Probably...
But after a nearly six month straight line rise last year...and in the face of rather dismal macroeconomic prospects...the downside risk is very great now...
Still I have faith in the market masters and the FEDs ability to "manage" the markets to continue to produce "asset inflation" if not real gains...
The course of least resistance now is a lower dollar and a higher DOW...but it's all based on devaluation theories... And the Bond holders will not be happy about it.
