"Current any rallies are caused by techinical reason but not fundamental change, IMO"
i have to agree. these are technical rallies. short covering etc. whaterver, but fundamentally US 10 year bond yield close to 2% tells me a recession is close (if not here), as does the Philly Fed index (manufacturing). If that's not enough why are bank stocks in the USA and Europe (where the ludicrous shorting ban is supposed to help....LOL! these ppl are stupid) looking over into the abyss??
