Submitted by Lance Roberts via RealInvestmentAdvice.com,
Despite deteriorating economic data, the market continues to cling to recent levels of over overbought, overextended and low reward/risk outcomes.
The problem for individual investors is the ‘trap’ that is currently being laid between the appearance of strong market dynamics against the backdrop of weak economic and market fundamentals. Ignoring the last two to chase the former has historically not worked out well.
This post was published at Zero Hedge on Aug 12, 2016.
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