Recovery is fake

[touchring]

I believe that the current recovery is fake, the free lunch will stop once the CCP old men are convinced that China engineer a "soft" landing.

[grapejelly]

Re: Recovery is fake

completely agree, it's fake. But sentiment was so bad, it was bound to become "we can see the limit to this thing" and the market would start discounting that.

The next leg down will come sometime after summer, I think. S&P may go up another 100 or 150 points in the meantime.

[LargoWinch]

Re: Recovery is fake

completely agree, it's fake. But sentiment was so bad, it was bound to become "we can see the limit to this thing" and the market would start discounting that.

The next leg down will come sometime after summer, I think. S&P may go up another 100 or 150 points in the meantime.

Richard, you are back! I have been hard at work debugging some Keynesians ideas the best I could, but you do it so much better. :p