A Trained Spotter

The bears continue to circle....for so many reasons......concerns over China, the US Dollar, Gold, Oil, Interest rates/ bonds, debt, Housing, Taxes, Deficits, Tornadoes, lack of leadership, Global climate change, Evil Bankers, Evil oil companies, Floods, Middle East uprising, the pending global recession, Japan, 2012 collapse and the election year cycle....

They are all right! The bulls call this transitory...classic mid-cycle.

Near term we can look forward to the shut down of the state and federal government. The "media" is covering for the lefties as they scramble for their last breath....

Even if you fully taxed 100% of the evil "wealthy" income you are nowhere near balancing the books. Simply, spending is far exceeding income. And that will have to change. We have been moved years ahead of schedule because of such incredible incompetence. Now the "public" sector gets it's self inflected bubble burst....it will be more dramatic than the "private" sectors in 2008-2009.

Recent monster IPO's (initial public offerings) from China, England, "social networking companies" and government secondaries (like AIG) are flooding the global stock markets....they have been poorly timed and syndicated. One reason for the sloppy market action of late.

Times globally are changing and the USA is not....said an astute person we recently talked to.

Smart well read investors are looking at a paradigm shift in food and energy availability and cost. We agree....less studied suggest a more typical cycle of boom BUST ahead.

Danny Boy seen here as a trained spotter...he doesn't miss much....he takes what is offered.