THE DOW IS GETTING INTERESTING... IT'S ALL MOMO NOW...BECAUSE WHAT GOES UP FOR A LONG TIME...IS ASSUMED TO CONTINUE TO GO UP...
UNTIL OF COURSE IT GOES DOWN...AND RATHER QUICKLY...PROVIDING A "BUYING OPPORTUNITY" IF YOU BUY INTO THE NARRATIVE....
BUT THE RECIEVED NARRATIVE HAS SOME SERIOUS MACRO ECONOMIC CHALLENGES...AS YET UNRESOLVED. NAMELY THE DOLLAR, GOLD AND OIL...WHICH YOU NEVER HEAR DISCUSSED IN THE FINANCIAL PRESS OR EVEN IN KONGRESS OR BY THE FED...
THE FED ALWAYS USES "CODE WORDS" FOR THE DOLLAR...LIKE "STRONG LABOR MARKETS" OR "INFLATION"....AS IF...THE CONSUMER WERE TO BLAME FOR THE PROBLEMS
AND NOT THE FED'S OWN PRINTING PRESSES WHICH HAVE BEEN RUNNING OVERTIME TO FEED THE MARKET SPECULATORS AND INTERNATIONAL CAPITAL AND MAINTAIN THE VARIOUS AND SUNDRY "BUBBLES" AND CARRY TRADES...!