Alternative Path

[gdl]

https://www.investing.com/analysis/market-may-not-rise-much-more-as-earnings-estimates-fall-200632248

People keep questioning the rationale of a market that continues to defy logic. i say they are dead wrong. Inflation and earnings are great. just ask anyone. ONE DATA point proved that point. CPI report confirmed a major shift in inflation and rates plunged and the dollar followed. Presto, earnings are no longer a problem.

man that was easy.

With the big drop in dollar and rates I find it impossible we see any major damage till early next year at the earliest. Even if the PPI was showing inflation spike the street will stay the course and ignore it. Nothing it seems will stop this run-a-way rally. the Q's should spike much higher between now and then. it has a lot of catching up to do.