Rocket Fuel

Let me set the scene for you:

* There is a Debt Deal in the works that removes the ceiling and related draconian cuts from the discussion til at least February. Out of sight, out of mind.

* There is no election this fall.

* There is no war with Syria and high level talks are happening with Iran for the first time in decades.

* The incoming Fed Chairperson is the most dovish in the institution’s 100 year history. There will be no taper talk whatsoever so long as employment data remains muted. At least not this quarter and probably not until the spring barring a huge tsunami of good economic news.

* Stock markets around the world are selling at fair to absurdly cheap valuations.

* The banks are as highly capitalized as they have ever been.

* Home prices are back to long-term trend and appreciation continues despite recent mortgage slowdown – normalization being the operative word.

* US households reclaimed the 2007 peak in total net worth and have now surpassed it.

* Small and mid cap stocks are at all-time highs and yet still under-owned by the largest pools of capital in the US – pensions, endowments and insurance companies.

* Going back 110 years, when the Dow has been up in the first half, it’s finished the year strong with gains in the back half 70% of the time.

* Hedge funds are at their highest net short positions since January and have massively trailed every equity benchmark you can think of.

Thats the set-up going into year-end.

What happens from here?  My guess would be that we have all the rocket fuel we need for an explosion.

Your thoughts?

 

 

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

What's been said:

Discussions found on the web
  1. best bullet vibrator commented on Oct 16

    best bullet vibrator

    […]we came across a cool website that you might get pleasure from. Take a appear in case you want[…]

  2. Frisky Red Apple commented on Oct 16

    Frisky Red Apple

    […]one of our visitors not long ago proposed the following website[…]

  3. adam and eve sex toys commented on Oct 17

    adam and eve sex toys

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nonetheless seriously really worth taking a search, whoa did 1 discover about Mid East has got far more problerms too […]

  4. CWDM Device supplier commented on Oct 17

    CWDM Device supplier

    […]the time to read or pay a visit to the content or web-sites we’ve linked to beneath the[…]

  5. configuraciones commented on Oct 17

    configuraciones

    […]that could be the end of this article. Here you will find some sites that we think you will appreciate, just click the links over[…]

  6. kona coffee beans commented on Oct 18

    kona coffee beans

    100% Kona Coffee Beans fancy roasted by LION have been enjoyed by coffee aficionados for well over 100 years.

  7. Afghanistan blog commented on Oct 19

    Afghanistan blog

    […]we came across a cool website that you simply may well enjoy. Take a look for those who want[…]

  8. geodesic dome tent commented on Oct 19

    geodesic dome tent

    […]below you will discover the link to some websites that we feel you must visit[…]

  9. Cloud Archiving commented on Oct 20

    Cloud Archiving

    […]very handful of web sites that come about to be in depth below, from our point of view are undoubtedly effectively really worth checking out[…]