Click For Photo: https://www.zerohedge.com/sites/default/files/styles/max_650x650/public/2018-12/2018-12-26_12-38-31.jpg?itok=JPnXneUj
Where is Cooperman: "It's all the algos' fault the Dow is up 1000 points"
Investors welcomed Kevin Hassett’s assurance that Jerome Powell’s job is “100 percent” safe.
Driver - Today - Exuberance - Pension - Rebalancing
But the biggest driver of today's exuberance appears to be actual pension rebalancing or front-running the pension panic.
And today's explosion comes just as CTAs turned short and hedge funds have the lowest net exposure to the market in 3 years...
Short-squeeze - Squeeze - Day - Brexit
And just like that a short-squeeze was enabled...the biggest short squeeze since the day after Brexit...
On March 3, 2009 Obama marked the end of the financial crash with these words:
Profit - Ratios - Point - Buying - Stocks
"what you're now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it"
On Dec 25, 2018 did Trump mark the end of the rout with these words:
Companies - World - Kinds - Numbers
"We have companies, the greatest in the world, and they’re doing really well. They have record kinds of numbers. So I think...
Wake Up To Breaking News!
The Democratic Party would be dead without the Republican Enabler Party! GOPe, fighting for Democrats since...