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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (10283)

8/30/2020 12:21:08 PM

From: isopatch

Read Replies (1) | Respond to of 26416

Less than 1,350 pts to Dow 30K. Piece a cake. Probably less than 10 trading days. Then, higher til Election. ALA FED Super Put is there? Final DJIA, S&P & NASDAQ tops could be astronomical numbers.

No need for jobs, businesses or an economy. Just THE MECHANISM!! It's simple, really. The real economy continues to struggle. Deep State/Permanent Gov., trying to hide with increasingly cooked/misleading gov. stats. Weak economy means more & more credit/liquidity piles into financial paper assets driving them higher & higher. With wealth concentration in the top 1% getting more & more extreme.

As insane as valuations are getting? Fiat rocket ride can continue ALA dollar is world reserve currency. No sign of that ending just yet. Or, even a hint of the FED letting the gas peddle come off the floor until PMs & other commodities move a lot higher.

Bull Super Cycle (born in 1932) now resembles light bulb burning it's brightest before it burns out just like our, now depopulating, major cities are.

Hey, it's not all bad. Dynamic, healthy, local economic & political governance will eventually replace the failing centralized regime. Just a matter of anticipating where the best of those opportunities R and positioning accordingly.

Iso