Bad news is good news, at least in stock markets around the world. If that doesn’t make any sense, you’re far from alone. But you are on the wrong side of the most important trend around the world right now, which is the fine art of printing (and eventually incinerating) money.
In the last 4 years, central banks in 4 of the 6 largest currency zones (Euro, US, Japan, and UK) have literally printed about $6 trillion, or 5 weeks worth of total production in those places. Markets are excited by the fact that things look so weak that they are about to print even more.
Barataria - The work of Erik Hare 