Bill Blain Crawls Back Into His Pit: “There Is Apparently Nothing To Worry About”

What do we know different this morning?
There is apparently nothing to worry about. Everything is coming up roses. These are not the droids you are looking for – says my market guru Steve Previs. All the old market bears, like me, are looking for stuff to grumble about – terrified by the unintended consequences of QE, caught in the headlights of apparently overbought markets, of whatever else panics them… etc.
But what do we know?
We know nothing – the markets continue to make new highs supported by a blaze of good news and positive expectations. The disappointing China data and threat of poor US data is momentary… apparently.. But, but and but again… mood and sentiment can change on a dime…

This post was published at Zero Hedge on Sep 14, 2017.