Preppers

We were recently counseled on how to deal with a direct bear attack. You lie down on your stomach and cover the back of your neck with your strong arm..if you stay still the bear more likely than not... will just bite/ hit you vs. eat you.

Preppers are a subculture of Americans preparing for civilizations collapse. "In an instant, anything can happen...you have to be prepared."

Today's market participants (and they are dramatically declining in volume)
are afraid of a repeat of last years summer correction. They are in cash, unleveraged and even on the sidelines of the debt market.

The available supply of stock continues to shrink..not only because those who bought years ago and have waited to get their money back to sell (and have done so now) are gone....there is no new material issuance and ongoing massive stock buy backs.

The politicians (yes approval ratings for congress are now at all time lows) could be found of connivance when blaming the 1% club for all the nations ills.

So...as one of the greatest quarterbacks to ever play in the NFL said, "you do what you need to do....to win."

Volume precedes price? We'll see. Recent new rules by congress are displacing the high frequency traders and in house traders to leave the markets and find a new profession. That is healthy. Period.

Bonds are mathematically impossible to make money in now. Especially with negative yield curves. Do you know what that means?

Globally, stocks/ equity are not expensive... 

Danny Boy seen here... smells a small bear.