WHat we know:
STocks hitting new rally highs, Transports near all time highs. VIX shows no fear. Bullishness at or above 2007 extremes. FED making savings trash with ZIRP.
Wall Street analysts unanimous bullish.
Stocks are priced beyond perfection. If you buy low and sell high....should you buy now?
Savers crucified. RISK REWARDED....shits unbalanced again!
Engine of economy housing still stalled. FINANCIALS head of ponzi scheme market with fictitious earnings, until mark to market is restored, bank earnings and this SPX earnings are a fraud.
Job creation isn't close to where it should be based on NORMAL RECOVERY, certainly not one shown by 85% equity boost.
GOV'T handouts and FED policy keep the illusion of recovery,,,,,,,this is a castle made of sand...
D
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