| From Seekingalpha.com: Practically all risk assets, and even many “risk-off” assets, have enjoyed extraordinary performance in the past month–maybe even too much. Jim Cramer, like him or not, coined the saying, “bulls make money; bears make money; pigs get slaughtered”. It would appear prudent to print out those words of wisdom and tape it to your computer screens for at least the next few weeks.
A substantial portion of the gains in the last month seem most attributable to the prospects for additional quantitative easing. There has been some degree of improvement in some macro data, but at best, this is secondary in nature..............................................Full Article: Source
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