Seems like it, stocks has gone up about 13% in 2010 (NYSE)
Commodities I think went up around 20%
What about US currency?
According to the experts in Barrons.com, 5 out of 5 experts is BULLISH for 2011.
Top 10 funds in USA is bullish in 2011
Wait, unemployments did not resides
Wait, private credit contracted
Wait, number of bank fails increased
Wait, housing hardly move
Wait, what is happening with US Currency
Well,
Oil went up at least 20%
Gold is up 22%
Silver is up 77%
Palm oil up 15%
Hmmm, how do we reconcile the two. First, let us divide the financial market against the real economy. Financial market (gold, silver, stocks, commodities) did well in 2010. Economic data did show a little bit of improvements. So, does that mean the crisis is over?
Did the government did the right thing? What is the consequences? If it is so easy, then, it would be any problem if US is in trouble again, just print its way out. Problem solve, period.
If it is so EASY, why are theare still 9.8% UNEMPLOYMENT?
Why then another QE2?
Maybe the bull run is OVERDUE. For the strong hearts, perhaps try shorting the market with TZA at USD14.80? The last it was discussed this was at USD21.00. Perhaps time to average?
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