"Yup: such as QE4 and NIRP, which are inevitable, but which the Fed wants to "hike" rates first just so it has the alibi to unleash even more easing."Not sure how long I've been calling for it. At least some are starting to see it for what must happen before the ultimate collapse. I'll say it again - After the announcement of the next QE run like hell. Don't be greedy. Don't wait for the run up and try to time the top. Just friggin run.
And remember this
"Actually, there is one time when the Fed waited this long to tighten conditions, in fact waited too long: the economy was already in recession. That was back in 1936. What happened next was the second part of the Great Depression and a 50% collapse in the Dow Jones."And, OBTW, the HY problem ... it's real.
On to the lie -
SPX Daily - Round number to 1990 are lower support for the middle consolidation area. Also potential large RS is set for the ultimate collapse.
SPX 30m - Working a NT channel down into channel and S at 2020.
SPX weekly - 100 wma at the round number
Freedom watch -
The accomplished nothing in Paris - total waste of time and ENERGY - Kerry says Paris agreement crafted to avoid Congress
This is what things are coming to for the truth - Polish priest, govt supporters try to 'exorcise' newspaper
“Men's courses will foreshadow certain ends, to which, if persevered in, they must lead," said Scrooge. "But if the courses be departed from, the ends will change.”
― Charles Dickens,
More to come below.
Have a good week.
Gl and GB!