NOTHING HAS CHANGED. Financial advisers, agents, bankers, and the type, all want you to know that the marketplace does “FANTASTIC”. They remind you of how much stocks have gone up before two years, beating the drum of “staying in the marketplace and trading more”. Our leader reminds us how wonderful the overall economy is under his watch, with unemployment at an all-time low. Daily, central bankers remind us that the near future is shiny incredibly. Week Laguarde of the International Monetary Fund spoke to central bankers last, declaring “new age” in which Central Banks can resolve almost any financial meltdown if they work together.
This week Laguarde says that you will see a slice in the institution’s global development forecasts which risks in the U.S. Trader sentiment has been higher. On paper, investments seem to have never been more productive. Financial advisers, brokers, and bankers are telling customers, “You do not want to miss out on the rally” and “This bull run still has legs.” Everything you are hearing are lays. Just like a man that has cancer, but not yet symptoms, he seems ready for game; while all along the cancer is gradually eating away at his health.
As I’ve said so many times, if you removed the punch bowl of stimulus from the marketplaces, they would collapse immediately. This isn’t the hallmark of strength, but weakness rather. Who, excepting the ignorant, would choose market such as this? It really is about the most insightful caution that one will … Read more