Clear Sailing Until It’s Not. I Expect Payback, So Does Jim Rogers
Stocks continue to levitate. According to our friends at the Brogan Group, the market has scope to go higher based on a tried and true metric -strong daily money flow.
Here is list of my top five guesses on the sources from which this rally flows:
- Optimism about future Chinese and US growth
- The Fed largesse
- A satisfying “fiscal cliff” resolution
- Healing in the Eurozone evidenced by falling bond yields
- More money expected from the Bank of Japan