Tuesday, May 26, 2015

Chris Whalen: The Fed Is Trapped

The U.S. Stock Market No Longer Corrects

It's been 3.5 years since the last 10% correction in the S&P 500, and we have not had a 5% correction this year. Investors, speculators and even the companies themselves are buying U.S. stocks at every opportunity with maximum leverage (debt). If the market never corrects, the only mistake you can make is having any money (even borrowed money) sitting on the sidelines, right?