26 March 2012

SP 500 and NDX Futures Daily Charts - The Bernanke Bubble



A big rally, but on remarkably light volume.

Bernanke is running the presses, but pumping another paper asset bubble that primarily benefits the already wealthy.

As noted earlier today, I think we are seeing the American financiers starting to leave Europe and Asia. If this trend continues, look for the currency war to enter another phase in which its effects will be unmistakable, even for the mainstream muppets.

This will end badly.