Markets appear nervous . . . .

[danny W1M]

Nothing like the 70's! Have your wages inflated? Grain prices?

[errolanderson]

Believe the global credit cycle has peaked as well . . .

Central bankers have created an incredible financial mess (IMO) with their can-kicking-policies since the fallout of 2008. I'm being too opinionated on this thread, but their manipulative power now has been greatly diminished. A lot of investors are going to get hurt. Pension funds are already under heavy fire . . . .

[workboots]

It's all interest rates driving prices up and the corporate share buy backs that are driving stocks higher.

I think vehicle & machinery manufactures work together on the fringe of collusion. They price based on interest rates. They know the average consumer will jump after that 1/4ly or month payment if it looks right.

The lease is up, go for the new one, transfer equity and slide into that spanking new unit with lower interest and the same monthly.

Low interest rates give incentive for this type of behaviour but it's a one way street. Only question you have to ask is how low can that interest rate go and that's how high the price of your new unit will get.

Look at P/E ratios across the board in the stock market. Interest rates create this environment and it only makes sence that you see these ratios. Money is only worth what it cost to borrow.

The risk takers are the ones that hung in for the ride. I don't think many rational investors thought this market would do what it has the last while.

[errolanderson]

Strap-in . . . volatility (VIX) is picking up . . . Dow rips above 24,000, Bitcoin rocks above $11,000 this week, then plunges, then surges. U.S. tax reform and Michael Flynn guilty plea rocking markets back and forward.

Treasury market action continues to warn of incoming U.S. recession (IMO) . . . .

Cdn jobs data impressive today . . . powers up loonie. Run toward 80 cents possible?

December may be an interesting market month . . . .

[farming101]

VIX posted a historic low in Nov. A good place to turn higher

[danny W1M]

Errol,,, greenspan called it frothy, wasn't it?

[errolanderson]

As Mr. Greenspan said in 2008, 'irrational exuberance' . . . . he thought the banks would self-control themselves.

Another Greenspan quote of meaning today with NAFTA ongoing negotiations . . . .

'Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs'