As of this morning, the Greedometers are warning of an immediate drop over the next 2-3 weeks.
So that means either the Fed or ECB or BoJ or PBoC are going to have to threaten something new & yummy in the next 3 weeks. Otherwise we’ll experience at actual market economy in inconvenient mean reversion mode.
Look for the ECB to threaten a new QE program that buys stocks — a la BoJ.
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