“It’s bad enough that central bankers create money out of nowhere to buy bonds. Now it turns out that’s not all they’re buying. A study by global research firm Official Monetary and Financial Institutions Forum (OMFIF) states global public investors ‘as a whole appear to have built up their investments in publicly quoted equities by at least $1 [trillion] in recent years.’ The percentage of financial advisors who are bullish on the stock market jumped to 62.2%, the fifth straight week this indicator has been above the key 55% level. Other noteworthy tops came in August 1987 (60.8%), October 2007 (62%), and December 2004 (62.9%).”
http://www.caseyresearch.com/cdd/fed-still-on-red-alert
1Kn9WEFymnCiU9W6AwvQej27cW5hKsYZuU
