The huge amount of funds the USA government has flooded the econmy with has to go somewhere and it appears that a good amount of it is gong into stocks and some commodities.
The REAL economy in the USA is DOA and worse is yet to come with tax increases and increasing interest rates.
The Fedeal government in the USA is bankrupt, the states are mostly bankrupt (except for North Dakota which is now the 4th largest oil producer in the USA!!!), the banks are bankrupt (kept alive by changing the rules), and lots of people are bankrupt....
The only question is how long can they keep the spin and BS going??
ADI Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held
