“This is heavier than religion, the Tea Party or Red Sox Nation for that matter,” Rosenberg says. “To these fanatics, if the market rallies, it is due to some unholy alliance somewhere, and if the market dives, it is a case of good triumphing over evil.” DF: And its going to be the wider acceptance of this view in 1H15 that is going to take equities straight up as the Mums and Dads finally throw in the bear towel and join in with the equity rally for the final blow off top - tossing their gold into the gutter in the process. Cheap Fuel and anticipation of Global Bank lending recommencement are the drivers and may even result in US indices piling on another 15% from current levels. How long and how fast I will leave to Martin Armstrong to forecast, but his outer envelope is March 2016 I believe - which I would not discount. This bear pictured below will wake up mad IMO and chase gold down to get revenge before the commodity funk is done. businessinsider.au/rosenberg-on-perma-bears-zero-hedge-and-the-lunatic-fringe-2015-1
Posted on: Sun, 04 Jan 2015 21:33:08 +0000
Trending Topics
Recently Viewed Topics
© 2015