With Hyper-Liquidity still the FED policy...only oil can end this stock rally...
Likely the stocks will be sobered up by $85 oil...at some point in the future.
Also the market masters may need to balance their trading books...and a short sharp decline in stocks could come at any time...to correct this overbought condition.
One thing is sure...none of the rally is due to the economy in any way...
This market is on life support from Washington...until the elites figure out what comes next...
Unfortunately...the "what comes next" will likely not be good for the real economy or the FED supported speculative economy... The most that can be "hoped for" is another FED financed asset bubble...on which, I suppose, jobs can be developed...
Production...and real growth is out of the question...that just is not going to happen.
Gold should be soaring...but the financial centers have established a delicate equilibrium that no one dares to violate...for fear of what comes next.
