Just Don’t Enjoy Dow 15,000!! Everyone Screams “RIGGED” or “PONZI” or “BERNANKE” on Every Uptick. Our Current Financial System Is So Toxic, A Collapse Is Imminent!!!
May 8th, 2013
Even The Pros Hate Everything About This Market And The Economy
Blame Bernanke! Blame of the Bank of Japan! Just don’t enjoy Dow 15,000.
Yesterday we pointed out that on the occasion of the Dow hitting 15,000, it was still clear that people still detested this stock market rally, based on the fact that everyone screams “RIGGED” or “PONZI” or “BERNANKE” on every uptick.
But it’s not just mouth-breathing comment-section trolls who do this.
The pros do too.
Josh Brown notes in a tweet:
So far, we’ve heard from Paul SInger, Kyle Bass and Li Lu – not one talking about a free-trading common stock you can buy. Bullish? #irasohn
— Downtown Josh Brown (@ReformedBroker) May 8, 2013
Indeed. So far at a conference devoted to investment ideas, it’s been obscure calls, and anger towards policy-makers. Singer hates the Fed. Kyle Bass hates Japanese policy-makers. Sill nobody is happy or enjoying the good times.
KYLE BASS: Japan’s Adding A Ponzi Scheme To A Ponzi Scheme