Extreme greed mode and Financial Engineering:
Trillions being pumped into the system to make this happen and there is only one place for all that money to go…Risk-On.
Repos, to lower negetive rates, and QE (that's not QE according to the FED) is boosting asset prices.
$17 trillion of global bonds negtive rates, Low Rate Environment = “Cheap-Money”
October commence $60B/month Treasury bill buying "Organic balance sheet expansion" NOT QE!
What should have been a healthy correction is now driving markets to All Time "Euphoric" Highs….the Pain will come and no body knows when!!! Ride the wave, take profits and don't get greedy! Keep a Reserve!
HEAD SHOTs ONLY!!!