When you throw a ball into the air...there is a point where the ball stops going up...but is not yet going down...
That might be called an inflexion point where something fundamental changed...uppness became downess...only not yet...
In effect the ball is stopped for a nanosecond in a perfect equilibrium of forces...
That's sort of where Wall Street is now... Everything is very very high...like that ball...but anyone with any sense knows that the upward momentum has stopped...and the downside is starting to kick in...
Just as the Dow is at an all time high...so too the macro economic risks are at their strongest now...
The Dollar is becoming Totally Biblical in its decline...! If marco economics mattered...the headlines would be six inches tall!!
Call it an inflexion point...Call it a paradigm shift...Say the FED blow it...or Shit Happens...
WE ARE THERE....!
