I can calculate the motion of heavenly bodies, but not the madness of people. -- Sir Isaac Newton
From Streettalklive. I'm not a technical trader type, but I do understand the significance of "reversion to mean" and "99% probabilities". What I still don't quite have a handle on is the actual money printed as a percent of what's out there. I know what we've been told; ....85 Billion, or another 3% of the Adjusted Monetary Base. ... every month. That money has to go somewhere. Right now it goes to the market.
The new normal could be a continued bull run. I think the size of the resulting bear ticks up every time, though.
No comments:
Post a Comment