20,068 new high on Dow Jones industrial average and 2,298 new high on the S & P 500. Should we scream out woo-hoo go Dow go ? Well you can if you want but that won't do any good. This trump rally is in its last legs and a black swan style crash is coming. Whether there is going to be a black swan event or a market crash itself the black swan remains to be seen. The new administration has investors focusing on events like building Mexican border wall. It wouldn't surprise me if when the stock market crash reaches its destination if it's the Americans who want to cross the border into Mexico for a better life. The Federal Reserve printing press has been printing nonstop for 20 years. The US economy is based on this smoke and mirrors illusion of pumping paper money that isn't backed by anything as the fuel for the US economy. It's almost like the greatest magician trick ever except before the show is over and the audience sees what's happening and everyone heads for the exists. Beware, the black swan event is coming to Wall Street and it's coming soon.
Is the black swan event the 2017 market crash. It may very well be.
President Trump will have way more than Mexicans crossing the US border when the stock market crashes. The traffic may be heading to Mexico for the better life.
The universe is endless but the Fed printing of money cannot be. When the end comes expect the Big Crunch.
