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Richard's Remarks


I woke up at 11pm. Bloomberg TV was on, as it is every night. Bloomberg was reviewing a new movie, "World War Z," in which Brad Pitt fights a covey of the living dead, the Zombies. I don't know how the movie ends, but I sincerely hope Brad wins.


The key to the stock market has been the Fed's manipulation through the use of QE. This has turned the stock and bond markets into "financial zombies." They have been dragged out of their natural and normal paths ever since 2009. But now the forces of nature and the primary trend have restored the stock and bond markets. They are now reverting to their normal paths.


THE KEY TO ABSOLUTELY EVERYTHING NOW IS THE PRIMARY TREND. Bernanke did not, and has never, understood the meaning and the sheer power of the primary trend. Bernanke thought he had succeeded in turning the primary bear trend to ... Log in or subscribe to continue reading.

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