If your investment condo went from $140,000 to $200,000 in 24 months, would you sell?
Housing top? Market top?
There is not a sole left on Wall Street who does not believe The Fed will be extremely dovish and a fairly decent amount believe they will continue their QE. The markets are all on one side of the trade.
Did the public and media not get the internal memo? It is priced as if everybody on Wall Street knows 100% for sure that this will happen. It certainly is not corporate revenue growth or earnings.
There is 0 volatility. It's all just a formality now.
The is no room left in The Bulls Bar
Talk about crowded trade!
Don't really remember when a trade was as crowded as this one.
