With the markets so liquid why not just chase it higher?
Of course the question in the title is a bit misleading because there are a number of worrisome factors for the economy and in the political system. However as Chris Temple and I discuss the momentum play of blindly putting money in the markets is continuing and could continue even in the face of slow economic data.
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+1 woo-woo
Sorry, Ron, not until September.
Listening to Chris, I’m reminded of a term John Mauldin has used for 3-4 years, no matter what the fundamentals look like: “Muddle through.” Fact is we seem to muddle through everything and nothing really changes. Muddle through is the ‘new normal’. Stocks are the only game in town and we go from one permanent plateau to the next one…………until we don’t! It really won’t surprise me if we’re talking about the same things a couple years from now and still muddling through with the Dow at 25-26,000. JMO
Yep, but when did we last get any kind of correction? This is freakily not normal.
The yen carry trade will continue to fuel US markets for years to come.
Just a reminder to investors close to Vancouver. The Metals Investor Forum is this weekend:
Here is a list of the speakers and companies attending:
https://www.eventbrite.ca/e/metals-investor-forum-may-2017-registration-30097937742
Nevermind. It’s sold out now (even though it was free). Space constraints.
Once the videos are posted, then they should put up links over at Beneath the Surface’s youtube channel.
Maybe…..both parties do not want to come to any conclusion……just so they keep everyone in confusion , and that would certainly be delusional in the final conclusion
🙂
Mr Temple had some good points about the PMI numbers, and FedNow forecasts and Staglation Light environment. Thanks guys.
GDPnow not FedNow.- sorry getting fatigued.
woo-woo
https://www.youtube.com/watch?v=bPKIlfu4AbE