Quote:
Originally Posted by WTF
I love the Consumer confidence was at 99 back then....just goes to show how stupid these comparisons are. If you Tea Nuts want to load up on gold and short the market, go right ahead!
|
Sorry... I don't see nuts, tea or any other political party you speak of.
I only see numbers. The markets (for now) are driven by Fed statements, cheap money (credit) ... a Neo- Keynesian economic fantasy. As far as shorts gold etc. that's only a few ways to get by... The stock bull market started back in 2009. All the Fed pumping is starting to catch up with reality. The Relative Strength Index is in a "Severe Overbought Zone" ...for the first time in almost two years.... all from QE12/ZIRP. The markets still need to digest QE3 and the ongoing QE...