Thursday, July 16, 2015

Who Is Right?.....A VERY IMPORTANT QUESTION!

Who Is Right?

US equities are exuberantly holding on to their 2-3% gains this week following the "Greek deal" - which is falling apart. Treasury yields have collapsed from kneejerk swings. Greek stocks have plunged since the agreement.. and the Euro has nosedived. Who is right?  INDEED!

I WOULD SUGGEST,BONDS ARE FUELED BY NEED!  SMART MONEY.

I WOULD SUGGEST,STOCKS ARE FUELED BY GREED!  DUMB MONEY.

STOCKS ARE FAR MORE LIKELY TO TAKE A TUMBLE, A LARGE TUMBLE.





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