Salient to Investors:

Lee Adler writes:

  • We are in the first leg of a bear market.
  • Markets are neither crazy nor sane, but measure and reflect liquidity.
  • The two official rules are a) the trend is your friend, and b) don’t fight the Fed.
  • Be positive in your coverage of Wall Street or be fired is the veiled threat that is the core of the financial media majors, who promulgate the “don’t panic, it’s just a correction” advice, which assumes that the market will never go lower than it is right now.

Read the full article at

Click here to receive free and immediate email alerts of the latest forecasts.