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“The ONLY thing that matters is what does the majority BELIEVE.”
Comment:
By the time the public believes something, its often later. I have a friend that keeps telling me I was right about this or that, but way too early. One thing I told him was after the 2008 meltdown, that China economy had to go down because Americans will be spending less. Lately he heard that info about China.
Lets say you shot a deer with an arrow at 5AM, but it ran away wounded, and you tracked it down and found it at 5PM. 12 hours later. I say it died at 5AM, 12 hours ago, when it got shot, where as the public might know it was dead at 5PM.
Regarding the dollar going straight up in late June? I read today the manufacturing sector in the US is slowing, oil rigs energy are in decline now etc. My view is the US economy (and energy) went into decline starting in late June on the Dollar lows, but nobody saw it that way until now.
Here we are 6-7 moths later, and the public is finding out. SOON, we might hear positive news for Europe because THEIR stimulation started in late June with the high topping Euro, that was lowered to stimulate them, but not yet visible.