
Chart courtesy of Tom McClellan of the McClellan Market Report (via Mark Hulbert [4])
Hulbert notes [4] that the chart “has been making the rounds on Wall Street.”
On the other hand, Martin Armstrong predicts [5] that a worsening economy – and bank deposit confiscation – in Europe will cause people to flood into American stocks as a “safe haven” for a couple of years.
And the Fed has more or less admitted that propping up the stock market is a top priority [6].
Bonus:
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Most Facebook “Likes” Are Fake [7]
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Former High-Level NSA Official: Drone Strikes by Metadata Alone “Undisciplined Slaughter” [8]
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Can We All Agree That Our Government Illegally Spying On Us And Violating The 1st And 4th Amendments Is Wrong? [9]
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Harvard Study: Fluoride Lowers Children’s Intelligence By 7 IQ Points [10]
