Very close to Labor Day, September 3, five days before or after, good game changing news will hit the press and the airways. What kind of good news? Certainly the kind that is designed to stimulate the good citizens into doing things that are profitable to those who pay to have news whipped up.
Odds are the trade war will be called off. Chances are that all of the issues with Turkey will be suddenly resolved. Iran and the United States might suddenly resolve their differences. Additional money to for corporations to find money for buybacks may be forthcoming. Central banks may suddenly reason that zero % interest rates are needed. We don’t know what the news will be. It will be intended to be game changing.
To say that there is a lot of supply hanging over the stock market is an understatement. The fall is seasonally the weakest time of the year. Crashes occur during the early fall.
According to the investor mindset, all the information there is is on the table for anyone to see. That is not true. The information you see is completely superficial. Far more than you can fathom is decided completely outside of formal systems. There are no government agencies in charge of elevating stock prices. There is a consortium in operation outside of formal government which takes on the task of moving stocks up. They don’t work for the government. The government works for them.
Do not think there is not coordinated purposeful cooperation between central banks and corporate officers who buyback shares. Do not think genuine earnings statements and GDP numbers are anything like what is reported. In the United States, enforcing laws is optional depending upon who the law might be applied against and what the outcome might be.
Just know that there is a plan to keep stocks moving higher through the otherwise weak fall season.
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