Submitted by Lance Roberts via RealInvestmentAdvice.com,
Over the last few week’s I have discussed the post-election surge in the market based on rather optimistic outlooks as opposed to the technical underpinnings that currently exists. As I specially stated in last weekend’s newsletter entitle “Dow 20,000”:
The market's message to Dow 20,000 (or China's message to 'Murica)?
Thanks to China stealing an underwater drone and quad witch shenanigans, US equities closed red post-Fed...
Submitted by MN Gordon via EconomicPrism.com,
Stimulus, in a general sense, is something that causes an action or response. A ringing alarm clock may prompt someone to exit their slumber. Or a fist to the gut may force someone to gasp for breath.
Stimulus can come in many forms and varieties. It can come in the form of a stick; do this and you won’t get whacked over the head. So, too, it can come in the form of a carrot; do that and you’ll get a reward.
Three months ago, Janet Yellen was asked during the last FOMC press conference if she was "worried about bubbles in the economy because of our prolonged low interest rates?" Her 169-word response was the following:
This seemed an appropriate place to start... Make sense right?
Which made us think this...
So, the market's reaction post-Yellen... (banks were bid, puked, and then ramped)