The Quiet Bull Market That Everyone Is Skeptical Of

Authored by Kevin Muir via The Macro Tourist,
Although US stock markets are getting all the attention, Japan is quietly knocking up against 20-year highs.
Authored by Kevin Muir via The Macro Tourist,
Although US stock markets are getting all the attention, Japan is quietly knocking up against 20-year highs.
One month after Goldman's proprietary crash indicator rose to 67%, the highest level since the financial crisis and dot com bubble, and suggesting a crash may be imminent, stocks continue to hit new all time highs, stumping anyone who still believes there is such a thing as an efficient market.
And here comes Citi, realizing it desperately needs to get on the bandwagon now before it's too late:
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It's probably not a coincidence that on the day bitcoin hit new all time highs above $5,200, and just over a week after the WSJ reported that Goldman is planning a bitcoin trading operation, JPMorgan seems to be changing it tune.
Authored by Vitaliy Katsenelson via RealInvestmentAdvice.com,
Dear reader, if you are overcome with fear of missing out on the next stock market move; if you feel like you have to own stocks no matter the cost; if you tell yourself, “Stocks are expensive, but I am a long-term investor”; then consider this article a public service announcement written just for you.
Before we jump into the stock discussion, let’s quickly scan the global economic environment.
Great news America - your standard of living just dropped little more as producer prices rose by 2.6% YoY in September, the fastest rate of increase since Feb 2012 - driven by a surge in energy prices.
Some highlights: