S&P 500

Even Bloomberg gets it.

In a note issued yesterday, the news behemoth reported what our readers had known for years: that "There's Only One Buyer Keeping S&P 500's Bull Market Alive", namely corporate buybacks, the same "buyer" of stocks that the smart money has been selling to for the past 7 weeks.

Dispelling any confusion about who the relentless buyer into the "wall of worry" is, this is what Bloomberg wrote:

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Future Gold Prices

Posted with permission and written by Gary Christenson, The Deviant Investor (CLICK FOR ORIGINAL)

The internet is filled with predictions for the price of gold, from $500 to $50,000 per ounce. It depends on your world view.

One week ago, as the bear market rally was about to hit its peak post-ECB crescendo, we reported that according to Bank of America data, "The "Smart Money" Is Quietly Getting Out Of Dodge: Sells For A Sixth Straight Week As Buybacks Soar." 

Was that it for the great February/March bear market rally?

Submitted by Lance Roberts via RealInvestmentAdvice.com,

There are two primary reasons Millennials aren’t saving like they should. The first is the lack of money to save, the second is the lack of trust in Wall Street. A recent post from JP Morgan, via Andy Kiersz, got me to thinking on this issue.