Look at that lackluster corporate earning!
On top of that, inflation of US is hurting the consumers. Imported goods
from China couldn't cool the inflation down anymore, coz inflation in China is just crazy. Oil price is heading
towards $110, $120 rapidly.
The only reason for the market to rally is the artificial low interest! Ordinary American
cannot save but have to invest.
But as inflation accelerates, can Fed keep its low interest promise to
2014??? I don't think so.
This feast is coming to an end. The greatest fool will pay for all the losses.
Don't jump the derailed equity train too late and become the last one riding towards the cliff!