Friday 28 February 2014

A US Market Bubble?

Is there a bubble in the US stock market now?

The S&P closed at a high of 1,845 two nights ago and people were already calling that a new high.

Last night it closed at 1,854.

This afternoon the S&P Futures' high of the day was 1,858.

Maybe the lack of tapering from the FED is starting to show as more and more Fiat money flushes the stock markets.

This will only lead to further inflation.

Something's gotta give at some stage, and me feels that that something is gonna happen sooner rather than later.

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