WITH THE 1932 WINNING STREAK ON THE LINE.... WHO WOULD BET AGAINST THIS MARKET RALLY...?
THE MARKET WILL GO UP UNTIL IT DOESN'T...THAT IS THE BEST YOU CAN SAY...
THERE IS VERY VERY LITTLE FUNDAMENTAL UNDER THE RALLY...
AND THE MACRO ECONOMICS ARE IN A WORLD OF THEIR OWN...
WE ARE IN A BRAVE NEW WORLD NOW...
THE GOVERNMENT IS PRINTING MONEY LIKE MAD...
WE ARE SUPPOSED TO BELIEVE THAT THIS MAKES NO DIFFERENCE UNDER KEYNESIAN ORTHODOXY...
BUT THERE IS NO PRECEDENT FOR ANYTHING NOW...
MY HUNCH IS THAT SINS AGAINST THE LAWS OF REASON AND ECONOMICS WILL BE PUNISHED...
BUT EVERYONE THINKS THEY WILL BE THE ONES TO GET OUT BEFORE THAT HAPPENS....
IN EFFECT...WE NOW ARE IN THE NEXT BUBBLE!!
THE FED HYPER-INFLATION BUBBLE OF 2008...!!
HOW WILL IT END...
WELL...I THINK WE KNOW THE ANSWER...TO THAT...BUT KEEP IT HUSHED UP FOR NOW...!!
