Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Newly, careful there, there has been positive inflow of cash in the market for months now. The cash on the balance sheet of many corporations is at a record high, some of it will come out to do acquisitions, some of it to repurchase shares, some of it in increased dividends and some of it in new capex. The first three activities are all going to add to cash flowing into the market.. Furthermore, the growth of the workforce, will also increase the 401k type distributions, another source of funds for the market. What will, IMTO, precipitate the resumption of the secular bear, will be most likely economically driven, and right now, most probably by reduction in aggregate end demand due to tapping out of the consumer. However, as I have mentioned late last year, as long as employment increases at around 200,000 new jobs or so per month, such tapping out, is probably not imminent.