How people love a rising market! So one good day and the world wants to announce that the worst is behind us.
My foot. Remember it took a long time for the world to recover from the Lehman collapse – a company who had an audited balance sheet. When it comes to countries, you are talking of non existent balance sheets, a reserve bank which has many secrets, guaranteed revenue leakages, riots, – a guaranteed collapse of at least Greece and perhaps Italy.
How will the market react to this? NO clue, no idea whatsoever!
Will the dollar tank? Will the dollar appreciate? No clue.
What will happen to the EURO? Is Japan doomed, or is it just the darkness before the dawn?
Is it sunlight in USA or is it just the dawn?
We all have a vested interest in the markets going up, so we keep predicting a bull market.
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