The authorities are trying to force the economy back into the shape it was in before the crash. They're preventing it from taking a new, better shape, and preventing the correction from doing its work.
The first bounce off the lows in the broad market averages should present us with low-risk short entry points, as ETF's rally in to prior support levels that have turned into resistance.
What does it mean when the financial intelligentsia seems to have no idea what is going on? It means they’ve got the wrong idea about the way things work, and probably no incentive to have the right one.
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