I agree 100% There is nothing out there to support this bogus market. Amazing........
Yet, many of investment leaders from the big box banks and mainstream media continue to shout about buying the dip, proclaiming stocks are cheap as well as touting the merits of the one-size-fits-all balanced fund for every investor for every occasion. While we genuinely believe that today this view will lead many to financial despair, it’s important to recognise why this view is shared by the hands that hold the savings for many people in the World. For starters, many of the industry’s largest players simply do not have the product available nor the expertise available to properly guide the average person during these dramatic economic times. Either the cognizance to understand the realities of 0% interest rates, money printing, and a risk free investing game for banks is missing, or they firmly believe actions by central banks and governments will save us all.
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http://www.zerohedge.com/news/icecap-asset-management-tip-iceberg-straight-ahead-here-what-lurks-below-surface
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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