Stock Market Still Riding A Thermal Wave
Stock Market Still Riding A Thermal Wave by: Benign Brodwicz November 15, 2009 Birds can stay aloft for hours riding thermals or updrafts of warm air. I look at the human responses to adaptation level effects in much the same way. When things are better than what we have in recent memory, we feel good, relatively speaking. The stock market now is riding an emotional thermal upward and may continue to do so for a while. Of course, it is also riding a tsunami of Fed-supplied liquidity that has engendered a new carry trade in paper assets. My best guess...
Original Article: Forum: News/Activism
Tags: Adaptation, Best Guess, Birds, carry trade, Human Responses, Liquidity, Market Stock, Memory, November 15, Paper Assets, Stock Market, Thermals, Tsunami, Updrafts
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