Pascal
04-09-2013, 03:23 PM
I still think that the bounce is a JPYen generated move or at least an accentuated trend that was started by the Fed.
Earnings will be poor and reality will sink in... but stocks will move higher because "liquidity until Bernanke retires" will be well understood.
But... Europe is not printing. The question is not if Europe will break, but when it will start to print to cover Government defaults.
Safe haven assets should be in full swing as of now...
Pascal
17952
Earnings will be poor and reality will sink in... but stocks will move higher because "liquidity until Bernanke retires" will be well understood.
But... Europe is not printing. The question is not if Europe will break, but when it will start to print to cover Government defaults.
Safe haven assets should be in full swing as of now...
Pascal
17952