Loading ...In reference to Captain Obvious….the market is over heated, junk bonds and interest rates. Carl. The junk bond market has been sliding down for months, the Dow has moved sideways for months..17000-18000plus or minus. Overvalued????…..for years in real terms.
I shared that Greece will be in the euro next year, I am certain it will. Its future regarding default, ruling government change, really does not matters frankly. I maintain it will be IN the united Europe next year in some format with the euro and that is all that matters in the large controlled puzzle.
Captain Obvious….folks Carl Icahn is tier one. Has been tier one and will remain tier one. He will be bailout regardless of his good bets in the casino or bad wagers. Frankly anyone of them which has been rewarded, this pass decade, with great wealth has no merits in my esteem.
I will reiterate, interest rates are here to stay in 2015 maybe as late as late as 2016..( election)..the wagon will travel on further regardless of the news feed for and to the masses of pending doom . We are doomed, but not just yet. GRIN
Can this modern market , my belief which is centrally controlled , continue? YES….Since the o man became president, the printed news shares we are 7 trillion further down the road…the wagon rolls on. Frankly 18 trillion- 30 trillion, more….these vast sums can never be repaid. ( repaid in passed equivalent value, never) You know this and THEY know this. Hence the illusion …the confidence game we all are watching shall continue….a wee longer.
well enough..I am certain many may disagree with me.
Enjoy the coming holidays…