Saturday, January 3, 2015

Excessive printing of money

The market behavior has not been normal due to the excessive printing of money. We have a non-correlation between the economy and the stock market. It will correlate again.

As Einstein said "everything is relative". Our currency is strong relative to Russia, Japan, Euro... Our economy has been boosted by shale energy.

Glad the stock market is doing great, but I do not have the illusion that it will continue for ever. The higher we climb, the steeper and faster we'll fall.

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