EXPECT MAY TO BE A MOONSHOT MONTH FOR STOCKS...
EVERYONE KNOWS THAT THE FIX IS IN NOW... SO IT'S REALLY A NO-BRAINER...
OF COURSE THERE IS A "CEILING".... NO ONE WHAT'S THIS THING TO RUN AWAY LIKE BACK IN THE 90'S... AND THE FED CAN'T REALLY AFFORD TO BUY THAT BIG OF AN "ASSET RALLY!"
BUT THE DECLINES WILL BE SHORT AND SHARP...PROBABLY LASTING ONLY A FEW HOURS...
ABSOLUTELY NOTHING TO WORRY ABOUT... EVERYTHING IS COMING UP ROSES...
OF COURSE THESE ROSES SMELL LIKE SHIT...
BUT FROM A DISTANCE IT ALL "LOOKS GOOD!"
THIS IS THE MARKET..."AS THEATER"...NOT AS AN ECONOMIC INSTITUTION.
WE LEFT ECONOMICS BEHIND...A LONG, LONG TIME AGO!