Is Stock Market Euphoria on the Rise?

Last week stocks hit a record high every day signaling that the stock market euphoria is on the rise.

And with Bitcoin nearing the $120,000 range again we are also seeing a major surge in meme stocks reminiscent of the GameStop (GME) movement in 2021.

 

READ:  Is the Short-Squeeze of 2021 Back? (HERE)

 

Two other factors that support this euphoria to consider are:

 

• The US and EU have agreed to the framework of a trade deal after negotiations in Scotland on Sunday…with Trump calling this deal “the biggest of them all.”
• Pressure for the FED to lower rates is increasing.

 

 

As a result, investors tend towards euphoria as if nothing can stop the market from going up.

 

On the flip side, the haters continue to complain that the markets are irrational.

And to those haters, we remind you of one of our favorite old Wall Street adages:

 

“The markets can remain irrational longer than you can remain solvent.”

 

Ironically (or NOT) stock market euphoria is often accompanied with a decline in gold and gold stocks.

And although we don’t rule out the possibility of gold declining, it doesn’t seem to be apparent…yet.

 

Let’s repeat that line…yet.

 

But we caution you to consider that the stock market can also be another great distraction.

Huh?

 

On the Rise…

 

In addition to the stock market being on the rise, we are also seeing a huge rise in doubt regarding our Congress and their ability to discover the truth.

Henceforth we are seeing a huge rise in the Look Here, Don’t Look There distraction tactics courtesy of the Epstein List…or lack thereof.

We mention this because doubt in Congress’ ability to discover the truth is nothing new.

In fact, 32 years ago, Vince Foster went to Fort Marcey Park and shot himself multiple times in the back of his head to avoid testifying against Hillary Clinton.

His suicide note was 2 pages long and didn’t mention himself or his family but was an attempt to exonerate the Clintons from their accused crimes.

A .38 caliber antique (untraceable) pistol was found in his right hand.

Vince Foster was left-handed.

 

Ironically (or NOT) this happened soon after the Waco massacre (April 1993) with the FBI’s final assault and a fire that engulfed the compound, resulting in the deaths of 76 members of the Branch Davidians religious group…including women and children.

So, what’s the point of this…and how is it related to the stock markets euphoria?

We will answer that with another question.

If Congress ignored the federal role in killing scores of women and children, what are the chances that current members of Congress could show the courage to expose a child sex abuse scandal that could incriminate some of the nation’s biggest political donors?

 

But in the meantime, stock market euphoria tends to distract even the most vocal opponents of Congressional misbehavior.

 

Maybe it’s time for Las Vegas to offer betting odds on the triumph of decency in Washington.

But don’t bet on it… (pun Intended).

Instead, be on the lookout for the distractions to increase so you don’t see what they are doing “behind the curtain.”

 

And the best way to do that is by reading our monthly newsletter “Simplifying Wall Street…In Plain English” (HERE).

 

Share this with a friend…especially if they are prone to distractions and forget things like Vince Foster and the Waco Massacre.  They’ll thank YOU later.

 

And tell them:

 

We’re Not Just About Finance

But we use finance to give you hope.

“And you shall know the truth, and the truth shall make you free.”

~John 8:32~