The government and the big banks are controlling the market to prevent panic. All wise investors have left the market for commodities and bonds.
I would agree mostly EXCEPT I think that bonds are as bad off as stocks. I fear that there a “bubble” has formed in bonds and that there will be at least a major decline coming soon.
There’s a whole slew of things going on in order not to scare the investor as well as the public....it’s intended as a holding pattern until the International Groups have all the ducks in a row.
G-20 met over the week end...any news other than further stalling?