Monday, October 29, 2018

The Bull Is Dying

Bulls are not killed off easily, They are strong, fierce and have real staying power. And this is what should be expected at a top of a secular bull market. Injured or weakened, the bull will still go on which is the case with many stock markets. Whilst some markets have peaked globally, others show strength. A week ago markets were ruffled by major falls, Was that the signal for the end of a multi decade bull or was it just another brief correction before the bull breaks out to much higher levels? With a further fall this week, the Dow is now down 2,000 points in October which certainly confirms that the bull is seriously injured, maybe fatally? PRINT MONEY TO BUY VOTES Let’s first make it clear that the world economy and global stock markets are at the end of the biggest bubble in history. A bubble fuelled by unprecedented stimulus from central banks and governments to prevent the financial system from imploding. As many of us know, credit expansion is the most effe...

from GoldBroker.com https://www.goldbroker.com/news/the-bull-is-dying-1421

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