THIS IS A MARKET THAT IS DESPERATE FOR ANY GOOD NEWS...OR EVEN "NOT AS BAD" NEWS... CLICK
THE FUNDAMENTALS...AND THE UNDERLYING STRUCTURAL PROBLEMS...ARE ALL STILL BEING DENIED OR "COVERED UP" OR "BOUGHT OFF".... AND ARE LIKELY GETTING MUCH WORSE...
BUT...THE MARKET HAS "NEEDS" AND THE FED AND TREASURY AND WASHINGTON ARE BENDING OVER BACKWARDS TO FILL THOSE NEEDS...AND START THE BUBBLES BACK AGAIN...
LET US HOPE THEY FAIL!
AND A PERMANENT RESTORATION OF SUSTAINABILITY AND SOUNDNESS WILL BE REQUIRED...NOT MERELY PUSHING THE STRUCTURAL PROBLEMS DOWN THE ROAD TO THE NEXT ADMINISTRATION.
