Another NFP week was over and market participants are shouting against each other as the opinions of what will happen in the near future are so extreme on the two opposite ends. Bulls are all high and calling victory already but seriously? It was NFP week and the bias for the week worked perfectly as expected. That’s all.
Another good video from Eurodollar University (aka Jeffrey Snider) on the current outlook of the world economy. His take on the situation is on the negative side of potential major down trend in the global economies. Stock market bulls will tell you otherwise though.
For those of you who are interested in ET, you will enjoy this video. If you pay attention, you may notice that MSMs are now systematically talking more about aliens than ever. Given the financial system of the western countries are all at the brink of total collapse, maybe this is the next trick these countries will use to ensure that they can stay in power.
Time for someone funny instead of the heavy subject on financial markets. It is an old video of an angry fowl mouth cockatoo. Enjoy!
Another busy weekend for me.
Have a great weekend all!
