A one track mind
You can't be saved
Oblivion is all you crave
If there's some left for you
You don't mind if you do
--Robert Palmer
Trying to wrap your head around the equity rally since last fall? Not sure you need more than the below chart to explain it.
This is a market dependent on Fed stimulus. Take away the stimulus, and prices fall.
The addict concludes that the process must perpetuate, and reaches for another fix of risk.
position in SPX
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Four of the world’s largest central banks have gone absolutely berserk, running the money printing presses like never before in history: Federal Reserve, Bank of Japan, Bank of England, European Central Bank.
~Martin Weiss
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