Yellen, Draghi, Kuroda: Deranged Lab Rats
Submitted by Jim Quinn via The Burning Platform blog,
Submitted by Jim Quinn via The Burning Platform blog,
For the third time in six months, US equity markets have exuberantly decoupled from earnings expectations thanks, in large part, to jawboning and coordination from Central Banks. With stocks near record highs despite the earnings "mother's milk" expectations tumbling, one can't help but wonder, as CNBC's Bob Pisani did this morning, given the comments from Evans, Lockhart, and Bullard, "It's possible the Fed has seen the market reaction and become alarmed by the complacency."
Mother's Milk no longer needed it seems...
Well that escalated quickly...
S&P is back at critical ledge...
Taking The S&P 500 into the reds for the year...
It appears the massacre of 34 people in a major European capital is not a buying opportunity after all.
“The Greatest Crash Of Your Life Is Just Ahead…” – Harry Dent Warns
Harry Dent, best-selling author and economist, has warned that the stock bubble in the U.S. today is the biggest in history and that the “greatest crash of your life is just ahead…”
Writing on his website EconomyandMarkets.com, Dent warned that
Via Dana Lyons' Tumblr,
Data from the volatility market suggests that expectations in the near-term may have finally gotten a bit too complacent.