It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Friday, August 07, 2015

Another Major Pillar of the Bull Market Is Collapsing

http://www.bloomberg.com/news/articles/2015-08-06/media-wipeout-taking-down-pillar-of-bull-market-in-u-s-stocks

`The selloff [in media stocks] is a blow to investors who have seen breadth dry up and the number of advancing industries narrow. More than 100 percent of this year's increase in the S&P 500 is attributable to two sectors, health-care and retail, the tightest clustering for an advancing year since at least 2000, data compiled by Bloomberg show.''

Ok lets make something perfectly clear! a BULL MARKET doesn't require 7 years of ZERO  INTEREST RATES. A bull market doesn't need the WHITE HAIRED GARDEN GNOME and her merry band of economic TWITS  buying the  market with QE1, QE2, QE3 and soon to be QE4.

What bull market said "HEY, GIVE ME SOME TARP" so I can continue to be a bull?

You know the  house is about to burn when even educated (cough, cough) economists believe the SENILE COOT'S BS about a bull market.

There is no bull market, CENTRAL PLANNING destroyed it. We also read this morning that local City and Town  governments have picked the pockets of the formally middle class consumer dry!..

For some unrealistic reason those sitting in Washington have these Blotter Acid flash backs that we are all flush with cash and hoarding hundreds of thousands of dollars for a rainy day in our mattresses! NOTE: IT'S POURING OUT! there is nothing left at the end of the day! this, even with working two or three jobs! Hell just going to the Grocery store for a weeks worth of groceries is a financial set back! WAKE UP!

And to think people are calling this Deflation. Wait till you see what Inflation looks like!

No comments:

Post a Comment