In failing to take "healthy" correction, the stock market is now working on a policy momentum, writes Gary Tanashian his notes from the rabbit hole. Hence we now dub you young FrankenMarket; Ben Bernanke creation caused the debt the Government's legacy, MBA, following Alan Greenspan that monster was sewn together with artificially low interest rates that will eventually be reflected in commercial credit bubble.
Last month, workers salaries last week arrived at 165,000, barrel, above the market loved popped the Cork, exploded into the blue sky. This should be more an order of tasks did the trick. That was the combination of the Fed still inflating (and ECB, Europe and also difficult) with specific data that was good enough, but not so good as to call into question the regime's systematic inflation of the Federation. This is a FrankenMarket of Bernanke, created by policy.
After making a move and negative patterns of diverging from Dow and S and P 500 Russell 2000 & NASDAQ 100 semiconductor, each new fragment all-time (Ruth) or restore (NDX, SOX) highs on Friday. The current period reminds me a lot of the credit bubble generating Greenspan monster in the last decade, FrankenMarket as I read it the first public article I have ever had.
I remember wanting to be currently bearish [in 2004], that the bearish trend appears to be straight way. You can't after all form (print) bull market and sound to go with it, can you? Well, Yes and no. By manipulating the interest rate, Greenspan produced no bull market really (as gold is measured, which removed the effects of inflation and real "view", a move by the Dow-gold ratio).
As previously noted, the name but it is what it is, my site got a lot due to my realization that the Bull (in nominal stock prices) should not be fought looking and bears I saw (the gold bug)-perma cotton being blown on left and right. All Gold Bull who was also a move in the stock market will do well. But the play was long gold, avoid or long stock market.
Today we are challenged with a different Monster. It is dangerous because it seems more honest money contingent a Golden Shield have melted down and protect people against inflation obviously promoted mass service banks, propping up the economy and stock market bubble.
But here we have to take a step back and realize that it's 10 + years of Bull Bull Bull. Who we say what types of repairs have suffered along the way? Stripping out of emotion, what we have is a really smart (I would say diabolical in the way that is not entirely negative) who somehow have a policy maker or the worlds best engineered ' Goldilocks environment or take the Horseshoe out of his ass, and hung it on his office wall.
I think this may be the last, the time has come to terms less crude that is just a technical adjustment. I hate the pain that real people are suffering as "fit", but think about it. Negative energy at the bottom of markets and economy in 2008/2009 was amazing. This very letter reproduced the cover ' breadlines ' time magazine depression 2.0 support and its orientation bullish afterwards.
Markets you may need to work through them, equality, reverse reverse blow up before all is said and done. Who knows when it will come? It could be next week or it could be next year. But it's a certainty next emotion will play a big role.
For now, the trends are trends, there are few signs that anyone he gets concerned about inflation and hence, inflation. Is Alice in Wonderland market:
"Nothing would be what it is because everything would be what it isn't. Contrary-wise; What it wouldn't be, that whatever it is, it was. -Alice do you see? "
Good luck, Gary Tanashian owned and operated an advanced medical manufacturing company for 21 years, through various economic cycles. This experience gave Gary understanding and appreciation for the global economy as it relates to individual markets. Along the way, Gary developed a matter almost like a nerd well technical analysis (TA), a long-time interest of human psychology to spawn. Various indicators of unique market macro ratio mix were added, with the result being financial market newsletter, notes from the rabbit hole (NFTRH) combining these features.