Guy I work with just sold his apartment in Austria for 50% profit. He bought in 2007. Completely normal returns. Other guy I know from Germany can't buy land or a house in Germany cause nothing available due to negative rates. House I just closed on in Feb is up 10% . Nothing abnormal at all about this mkt. Nothing at all!
Because I try to make money for him? What a bad guy I am. I kept giving him excellent predictions in the War room, look them up. But you think it is OK to give up 100 pts gains... Surely you jest!
It's not the traditional price action of the 90's or 00's... Algo driven CB intervention at play. Most players liquidity isn't great enough to out 'vary' the counter party. The counter parties are forced to cover. My systems have turned positive, with enough printing inflation will pretty much drive all asset classes up (except bonds). Unloaded significant shorts at 1983 zone. Chris
should have held that long! Amazing how it can just keep going up. With independence day coming up, they might also put in an extra rally for patriotic reasons! Staying on sidlines now, but will look for longs if we get a dip, i guess....