Inflation increasing As Downturn In Greece Accelerates And UK’s Mark Carney Goes Full Speed Ahead On QE
KingWorldNews.com
February 01, 2017
Inflation is increasing as the downturn in Greece accelerates and the UK’s Mark Carney goes full speed ahead on QE.
“We do pay attention to extreme readings in both bulls and bears and also to historically significant runs of more bulls than bears. …advisors are only wrong when you get too many of them start thinking the same thing.” — Investors Intelligence
Here is what Peter Boockvar wrote today as the world awaits the next round of monetary madness: Bullish sentiment according to Investors Intelligence has made a new high post election. Bulls rose to 61.8 from 58.2 last week. That is the most since June 2014. Bears were about unchanged at 17.6 vs 17.5. The spread between the two at 44.2 is the most since March 2015. Those expecting a Correction fell to a 5 week low. As I’ve I been saying for the past month, the extreme bullish sentiment in this survey coincided with a market that has essentially churned since mid December. The Fed last hiked on December 14th 2016. The S&P 500 closed at 2272 on December 13th and finished yesterday at 2279…
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