No major bank or brokerage house has called a market top unless they are trying to sell you bonds.
Have you ever wondered why that is?
Forecasting markets tends to follow political correctness. There is no reliable research about the European markets that come out of the EU. Why? It is highly politicized. They do not want to hear that the Euro is going to collapse.
So we see the continued reports put together by "analysts" who conclude that all is well.
This is a problem with any analytical system that is tied to one area.
Click on image to read full story.
