while it's still early Dow Futures are dropping and down 220.... Due to Fed Gov. Fischer's comment Sept is still on and China's statement that the gov't has abandoned attempts (again) to halt it's market crash...
Again, the rise in the DJIA over the past few days had nothing to do with the economy and everything to do with the hope/expectation that gov't manipulations and free money would continue. The economy wasn't a factor....
It remains grossly overpriced.
Again, the rise in the DJIA over the past few days had nothing to do with the economy and everything to do with the hope/expectation that gov't manipulations and free money would continue. The economy wasn't a factor....
It remains grossly overpriced.
