Big Week Coming?

Well the indexes just could not reverse the down action of the previous week and now must wait to see if the Fed can provide continued comfort. The two reasons for the overall support for the markets, it is explained on television, is liquidity and global growth. The first is represented by giddy types like Maria ‘ let them eat cake’ Bartiromo laughing at the downside because, as she knows, markets never will go down as long as her checks keep clearing. The latter support explanation is of coarse the never ending supply of money created by global growth and the ever weakening dollar. Global growth really means China, and there so many Chinaman. Do the math. Let’s face it, these markets will never ever go lower. Gold, oil, and every other commodity have entered zero gravity and wealth is a forgone conclusion. Well, until it goes down.