and there were a lot of breathless doom articles generated in ZH and other places…but stocks and bonds just kept on truckin
Everyone knows by this time that the U.S. financial mkts are on a permanent plateau of prosperity…the FED/CBs just have to click a few key strokes of “money” into existence and all problems are resolved…there is a black swan out there…a market top…and a bear market…but they won’t appear because of just repos…[what everybody knows and sees isn’t woth knowing]…but some gestalt** of issues will just materialize one day and the bear will start…