Sunday, August 10, 2014
Weekly indicators show no imminent crash
New Deal Demoncrat - weekly indicators.
I saw a bunch of articles this weekend, written by amateurish clowns and anti-Keynesian propagandists, that are all calling for an imminent top in the S&P 500.
I was going to list them all for you, but then I decided it'd be better to just post a link to NDD's weekly indicators, where he notes that M1 & M2, tax withholding, rail loads and consumer spending are all still doing fine.
Therefore there is no imminent crash and you can decide yourself whether your investment strategy should include reading clowns whose portfolios haven't even beaten an S&P 500 index ETF over the past 3 years.