Care Package

Who would be the fool to take you
Be more than just kind
Step into a life of maybe
Love is hard to find
--Culture Club

Am jammin' with a house move and final exams, but wanted to include this snippet from Richard Russell's missive last nite:

"This government will stop at nothing even including manipulation. What the Fed does not want is a swooning stock market, surging gold, or sinking bonds. I think all three are now being manipulated. Pressure from various sources continues on gold, and we know the Fed is buying bonds. When an item is manipulated, the aftermath always ends unpleasantly. I expect "unpleasantness" ahead. In my opinion, big money and veteran investors have joined China in worrying about the dollar. It's a major reason why they distrust this market."

I do believe Mr P is hinting at similar.

While markets may jam higher over the near to intermediate term, be careful about sounding the all clear signal. Behind the scenes, risk is increasing.