RE:bad news is having no effect whatsoever these days As each day passes I become more hopeful that volatility will return with a vengeance....sooner or later something has to give. The big money players will have to lock in profits sooner or later with anticipation that this market cannot sustain these lofty levels.....as usual the market is ahead of itself....
SP500 in 2008 was extremely high at 1500 and now the FED has pushed it to 1900 hoping to create the wealth effect.....Too funny....The wealthiest people in the USA spend their wealth abroad....they hoard the wealth....
I believe the FED has created the perfect storm.....When this bubble bursts it will take down Canada as well....