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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: zman69 who wrote (384)10/23/2013 2:17:22 PM
From: Fiscally Conservative1 Recommendation

Recommended By
Paxb2u

  Read Replies (2) | Respond to of 15903
 
And then a 1st quarter run for the Roses ? Hard to say.
With current valuations what they are how this market justifies new highs confounds me.

The Fed is responsible for all of this, imo. How they unwind this mess, yes it is a mess, will be studied and restudied for years to come. There is no playbook other than the one the Fed drew up in 2008/2009 and gave to the G-8 nations to follow. These are uncharted waters. This current Administration has a hand in this too, imo.