Thanks for all that Paddington and Andrew.
There is a chance that the script has been written here .The move has been somewhat impulsive and surprising to most which indicates to me that it's going to take some knocking over .Similarly there aren't enough participants wading in for sufficient pain to be caused in any pullback which on the balance of probabilities should only be temporary ,its severity at this point conjectural if indeed it happens .Which of course it needs to . Currently we have witnessed a scramble for yield which is presently overdone but maybe interest could wane there if the coast is perceived as clear
The missing link is as you so astutely point out is some sort of blowoff in commodities and a turn for the PM's .I think that should happen in the next stanza .So in the meantime I guess we enjoy the spectacle and try to position ourselves .
I don't trust it,I believe that it's built on a house of cards ,but it is what it is and there's a chance to make some real money
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