I have a hard time dignifying this rally from MArch lows as a "primary uptrend" or a NEW BULL MKT. Not with the drop back of fundamentals, not with the volume of HFT, not with contracting bank loans and credit outstanding. Not with new bubble of governement debt issuance.Not with rates near to levels only seen few times in history, not with the TRILLIONS thrown at this mess, are you happy with the results? Small business, the lifeblood of economy cannot get loans to help survive.
I think the people are waking up to the insiders games, we must get them OUT.
CHINA #3 and maybe most important economy for signs the REFLATION has taken hold.....is not rallying, not buying into THIS.
Velocity money changes hands is not reigniting through the economy......until I see REAL signs.....I can only approach the rally as a counter move in an ongoing SECULAR BEAR MKT.
Income, caution, return of money more important than return on your money.....the very paper tinder we call money that relies on GOVERNMENTS ability to repay debts....how's that going?
WHY DID these idiots lose sight that SAVERS spend their savings.....those who near or at retirement, those not wanting risk.....have little avenue to take.....if setting rates at ZERO doesn't help banks loan, or the people......why leave them there? If we have such a VIBRANT recovery.......as the stock market is saying.....is it? why leave them at ZERO?
Yesterdays traffic to my blog set another record, I will continue to do my best to make this site worth coming back to. 70% of my traffic is returning traffic of that I am pleased!
Duratek
No comments:
Post a Comment