General market participants believe the broader indexes will move higher given signs of slow but positive economic activity. Heavy stimulative Fed intervention has rarely failed to deliver gains in equities though the QE2 comes late into this particular bull phase. Bernanke has demonstrated his uneasiness with the current recovery and his promotion of QE2 is more of a pep rally where good intentions are cheers but the outcome is unknown.
What opportunities for growth remain to the nation are weighted by massive real estate equity losses carried by lender and borrower, though the latter has benefit of position and influence. Economic prosperity's only salvation seems to be funneling of all bailouts to large corporate entities where the leverage to squeeze the public is left intact.
International tensions created by North Korea put the markets on notice that few things are simple these days. Those relying on China to save the day are the same fools who believe in the emerging markets sure thing.
The only bulls who are truly happy these days are the gold nuts since every world event, according to them, is a reason to buy. Their investment is where dumb lives these days but we all know dumb moves around like a Carney.
