Clear Sailing Until It’s Not. I Expect Payback, So Does Jim Rogers

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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.

 

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Here is list of my top five guesses on the sources from which this rally flows:

  1. Optimism about future Chinese and US growth
  2. The Fed largesse
  3. A satisfying “fiscal cliff” resolution
  4. Healing in the Eurozone evidenced by falling bond yields
  5. More money expected from the Bank of Japan
Chinese and US trade numbers suggest global growth is falling again?

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avatarJack Crooks - Black Swan Currency Currents posted Tuesday, December 18th, 2012.

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