The Titans in the sky continue to wage war while the small fry retail players wonder how long Nature's laws can be levitated. Its a dance that has no ending......or does it? As the pundits on CNBS pirouette to every cliche talking point cajoling the retail listeners to just have one last dance with the devil. Its reached such a cacophony of the ridiculous that one keeps expecting the straight faced shills to suddenly break into hysterical laughter. Underlying their ludicrous claims of unending market rises, one can sense an almost palpable fear permeating their rising choruses.
What none of us has the ability to see are the real battles going on in the puppeteer's command and control centers. None of us have access to the real measurements of what is occurring within our "recovery". As the metrics are intertwined with real and imagined recovery statistics one becomes almost hypnotized by the ping pong effect of rising markets as economies contract. Japan is falling further into depression and approaching a 500% debt to GDP....virtually unheard of in developed nations without complete collapse.
As our own Western markets rise in the face of a collapsing infrastructure and consumer spending, we argue about whether we can get one more squeeze out of the "market"......from "unending" Fed printing. More and more pundits now proclaim that the Dow can easily reach 20,000 and beyond. Just the noise to expect as we climb the "last bubble". One thing is certain.....it will end...and it will end badly. The question is will ANY of us be standing as it sucks down what is left of a facade of a Republic. Listen to the noise......its what is making you dance. Dance little proles...dance. gl