Pretenders vs Contenders

As the famous tennis announcer said last night... we'll see if the next match will produce the true contender...

Keep things simple....Americans almost always make mistakes....and history shows they learn quickly from their experiences...usually faster than others around the world.

Our nations debt and liabilities are growing faster than our economy is....and this has just about every ones attention now. We have said for sometime this current environment is not sustainable. Only two months until we find out just how quickly the country is learning from its mistakes......clearly wdc, llc has come to a standstill.

Bonds have put in their manipulated top and there is nothing the Fed can do anymore. Equity has sustained some of the most bearish sentiment and selling imaginable the past few months.....and is not making new lows.

The stock market is clearly rotating into inflationary beneficiaries....hard assets...

What would happen if many of the recent laws put into place were repealed?

What happens when the velocity of money picks up...cash and bonds start losing money???

The tape is suggesting a higher market....just as everyone is talking themselves out of it. The US stock market still unchanged for the year is out performing virtually all other material markets around the world year to date.

One of the greatest tennis players ever told IBD, "What I got from tennis was a search for excellence, improvement, to be as good as I could be as a tennis player." America needs to start thinking this way again......what will be the catalyst?? Real change!

Danny Boy seen here looking up.