THIS IS A MARKET THAT NO ONE REALLY LIKES...
BUT NO ONE QUITE KNOWS WHAT TO DO ABOUT IT...
LET'S CALL THIS THE "HILLARY MARKET...?"
WHETHER IT'S THE ISSUE OF "LIQUIDITY" OR THE VARIOUS CARRY TRADES...
CONSUMER SPENDING...? HOUSING...? HEDGE FUNDS, OR SUB PRIME LENDING...?
THERE SEEMS TO BE NOTHING BUT GLOOM AND DOOM ABOUT THE COMING QUARTER...AND BEYOND.
AND THAT DOESN'T EVEN MENTION OSAMA...IRAQ...AND THE OIL MARKETS...OR THE DOLLAR WOES...
SELL IN JUNE AND AVOID THE SWOON...!
AFTER LABOR DAY...WE'LL KNOW ALOT MORE...IN FACT THE SHIT COULD REALLY HIT THE FAN AFTER LABOR DAY...WITH THE SURGE IN IRAQ BEING EVALUATED...
AND THAT'S ASSUMING NO "HEDGIES" END UP IN THE ICU ON LIFE SUPPORT THIS SUMMER...
THIS COULD BE A QUARTER TO BE AS FAR AWAY FROM THE FINANCIAL MARKETS AS POSSIBLE...BECAUSE THE CHOICES SEEM TO BE...BAD...WORSE...AND OH MY GOD!!
