The Bear Of All Bears Cometh
The Bear of all bears cometh and and you don’t even care. Why should you? After all you’ve just witnessed almost 10 years of what you believe was a “bull” market and “economic recovery”. You’ve seen home price appreciation in many coastal markets with even more consumer debt added. You’ve watched CEOs and Wall Street bankers taking big bonuses home every years. You’ve seen the most bizarre political stunts in history. Wars and threats of wars are now just banal entertainment.
But lets get back to the normalcy bias of the stock market. Its obvious to most of you by now that the stock market is the big kahuna for the public perception of the economy. Its the scorecard. Its the topic of evening conversation. Its the cog in the wheel of CONfidence. “We are doing just fine”. The DOW is up. “Its all good”. The DOW is up. You know exactly what I am talking about. Remember last few weeks as people around the water cooler became increasingly uncomfortable with the DOW dumping all over this CON. Yet in just one day the market moves up 1000pts and everyone breathes a sigh of relief and sticks their heads back into the sand.
I’m not worried about the Bear. We’ve been in it for 12 years. Since 2007 this ponzi has been extracting your flesh. Every human engineering ponzi pumper has been hard at work trying to keep this dollar based fiat parasite alive. I hope they maintain the pretense of nirvana forever. I hope they run the DOW to 50K. Why not? I’m sure they can find a way to load a few hundred Trillion more of debt onto the backs of this demographically broken country, not to mention the demographically zombie countries in the rest of the Western world. I want more food stamps. I want more disability. I want more zombie jobs in retail, health care, law enforcement, etc…. Watta country! So sure…if you think we can suddenly load this broken country and its broken people with one more 60K truck and one more McMansion, then yup this stawk market is gonna soar.
We’re not just going into a bear market. We are going into the final stages of the Bear of all Bear markets. Its been ugly in the real world for over a decade and its about to get even uglier. Enjoy. Go ahead and finish your round. You’ll make it out in time.
Source: http://kliguy38depression2news.blogspot.com/2018/12/the-bear-of-all-bears-cometh.html
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