Mainstream media is opining that we are in a
recovery even maybe a result of the stimulus!Karl Denniger(http://market-ticker.denninger.net/) has overlaid this chart with the dollar and The S&P 500 from the March lows to today.
Notice the near-perfect inverse correlation. The Dollar goes up, the market goes down. The Dollar goes down, the market goes up; near-perfect correlation
Folks, you don't have to engage in any sort of "conspiratorial" thinking on this whatsoever. You only need examine the facts. The rally in the market has exactly nothing to do with the economy and the outlook for it. It is tied to one and only one thing - the decline in the dollar. It is responding to hot money flows that are being intentionally generated and, if you follow them as an investor you will be crushed, just as those who bet on recovery in Japan following their original collapse were.
No comments:
Post a Comment