by Adam English
Two trends are in the process of fighting for dominance in the market, and they won’t be able to coexist for much longer.
While the market is filling with news of investors fleeing for the hills, all the stops are being pulled out to make sure there is no alternative but 100% exposure.
Warnings over these trends are now even coming from Goldman Sachs. The perennially bullish bank is finally falling in line with CitiBank, JP Morgan, Bank of America, and UBS by warning of a possible big drop in the market.
On the other side, we have central banks with zero and negative interest rate policies, and corporations issuing debt and dumping the proceeds directly into their own shares.