Dow could break 18k today so news media has something to boast all weekend. Retired are FORCED to buy funds now, saving for interest will not be possible again. Talk of correction only means a possible dip to get more shares. There has been no black swan since '08, and now the "good sides" reported about any black swan event would probably move the markets higher.
With absolutely no fear or risk. Vix destroyed. American consumers have never been so confident, fearless....and stupid.
Okay, it is a Big risk that the PROPOSED plan will not go through. We have read that report and it is NOT definitive. It is NOT a court order yet. It is also a RISK that this board will not be open tomorrow and the stock worthless. There's your explanation, wacker.
Riots won't stop it, blizzards won't stop it, Russian invasions won't stop it...just constant melt-up with absolutely no fear. Oh, by the way, the economy is stronger in the third quarter with lower oil prices and with more dropping-off unemployment lists, we are booming there is no red on the horizon.
I can't conceive why a president flies to a Communist country when teleconferencing and internet translations are readily available; unless there is some "political appeal" in doing so.
You can google Janet Yellen; her last statement on QE4 said it's not likely. The September statements have been mailed out, in my opinion they don't need to "fix" the markets before the mid-terms anymore. It's all been political cronyism for the last 5 1/2 years.
I was about to post the same question. When really the real question is "have the quarterly statements all been mailed?" - because they will all look good for the mid-term elections; October can drop like crazy, the voters won't see their next statements until after the start of November and after voting...this was what the teflon market was all about.