BASICALLY NOTHING CAN STOP STOCKS NOW...
THEY ARE BOUNCING WITHIN THEIR FED DETERMINED RANGES...
THE ONLY ISSUE IS HOW MUCH PRINTED MONEY WILL BE STUFFED INTO THE INVESTMENT BANKS...TO JUICE THE NEW STOCK BUBBLE...
AND WILL THAT "NEW MONEY" STAY PUT THIS TIME...IN PAPER ASSETS...AND NOT 'LEAK' INTO THE REAL ECONOMY AS HAPPEN LAST SUMMER WITH OIL AND GOLD... AND ONTO THE DYING EMBERS OF THE OLD HOUSE BUBBLE.
UP TO A POINT THE STREET HAS LEARNED IT'S LESSON...AND WILL SHUN COMMODITES...
BUT THERE IS ALWAYS A LIMIT ON PAPER ASSET INFLATION THAT MUST BE RESPECTED...REMEMBER, YIELDS DON'T REALLY EXIST...
SO, ABOVE A CERTAIN LEVEL OF PAPER ASSET INFLATION... MONEY WILL EXIT THE "GOOD" INFLATION IN STOCKS AND OTHER PAPER....AND GO INTO THE" BAD INFLATION" OF COMMODITIES...
WE COULD BE PLAYING THIS GAME ALL SUMMER...! IT'S A STUPID GAME...WITH NO REAL GOOD END POSSIBLE...
BUT IT'S WHAT WE ARE STUCK WITH...SO DEAL WITH IT.
