NFTRH 298 Excerpt: US Stock Markets

The following is an excerpt from NFTRH 298’s 38 pages of hard hitting, no b/s market analysis, which also included extensive work on the precious metals along with commodities, currencies, global markets and market sentiment.

NFTRH subscriber (7.6.14):  “You should publish pages 15 and 16 of this weeks report. I would like to share it. It is a great summary of the current situation.”  Pages 15 & 16 take it through the Dow chart below.  I decided to go with the whole segment on US stocks.

Stock Markets – US

Happy Independence Day America! Your markets are bullish… and over bought, over loved and running on increasing momentum.

sp500
Courtesy of SlopeCharts

The graph tells a story of the end of the Greenspan era’s commercial credit inflation, which was resolved in 2008, and the beginning of the Bernanke era and official credit inflation, which is ongoing.

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