Do you have a blog? No? Count yourself lucky these days. Trying to make this market interesting is like trying to make Janet Yellen physically enticing. It’s damned near impossible. Day after day, the S&P 500 is up a few hundreds of a percent. Weekdays are little different than weekends in terms of market volatility, which is hovering around nil.
Yet the show must go on, so here’s something moving a tiny bit – emerging markets. It has pushed to new recent highs, which in itself doesn’t seem that interesting…..
to get me face-slapped most easily here on Slope is when I try to do just that: in other words, those times when I try to paint with a broad brush what could be coming in the future. In spite of it, I’m going to do it anyway, and offer up one possible scenario for the months ahead in our world and, thus, equity markets. As is so often said here, “anything could happen”, but just for the hell of it, let’s work with this possible path forward: