This is the stupidest shit ever.
The Yen is soaring. Dollars are sinking. Gold is soaring. Stock are languishing. Who can keep up?
We know the economy is in the pits, so we’re dependent on external means to jack prices up. By external, I mean the Fed, naturally. Why not? Its been a reliable investment theme for every year since 2009, save 2014.
Stocks are getting hit again, save commodity related names. Our robot overlords are shorting anything that has worked in biotech, tech, and going long the laggards in gold, silver and oil. It’s the most diabolical trading robot ever.
BEHOLD: gold is now in a bull market, up 20% over the past month.
Sell it.
Top pick: SLCA
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Why OIL is so much lagging ..
Fundamental concerns; mountains of debt.
I sure wish people would stop repeating the economy has improved! I frankly think it was stopped from getting worse but once QE took hold, it’s all smoke and mirrors. One biz buying another biz. Cost cutting and temp workers but I don’t see the growth. They say the situation in the Tech World is better than the dot com here in Silicon Valley. Having lived it.. I can assure you it’s not. It’s low end tech jobs and temp work. It’s nothing close to the fun, excitement and good paying high income jobs of the real dot com. Awesome post Prof Fly.
thanks
Economy isnt in the pits… You naysayers…