Download PDF Version June 29, 2019
The only free market forces in today’s stock market are in the imaginations of rank and file American citizens. Financial writers allude to investors this and investors that…. and so on. That doesn’t mean they believe what they are writing. Anyone who knows anything about how markets function can see the issue.
Expect to witness a stunt with respect to the stock market as early as the coming week. It may be later but it will happen.
Now that important averages have made new highs, it is imperative that a new leg to the be market be launched before the fall seasonal influence presents itself. The trade war, real war, crisis of any kind or a crisis of any other kind will be delayed, abandoned or discontinued in order to boost the stock market.
What will the stunt be? It has to be bigger than Warren Buffett buying Amazon stock. It has to be a big big deal. My guess is that the trade war will suddenly end. It will be something designed to turn the market and draw in missing investors. I am not clairvoyant. I just use natural law, don’t believe lies, and observe reoccurring patterns. It is the same system dogs use. Dogs use it because it works. It works so well for dogs that it has evolved into an instinct for them.
Stunt or not, elevating the market here is going to be very difficult. The stunt may not work as intended and fail. There will be a stunt and maybe more than one. In terms of saving themselves and saving the stock market this is a critical point in time. There is evidence the economy is falling apart. I am not trading but I still keep indicators. I don’t remember ever seeing internals as weak as they are today. The percent of stocks above 200 day moving averages is ridiculously low for a market making new highs. In a free market setting we would already be in a bear market. A bear market will literally kill the deep state. The stock market is theirs. They own it. They will protect it. They are protecting it.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.
Fantasy Free Economics recommends the following blogs.
Woodpiler Report Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts Straight Line Logic