by Greg Guenthner
Daily Reckoning
No one’s watching the stock market right now…
Everyone’s checked out for the summer. They’re either hanging out at the beach or playing Pokemon Go. Working stiffs aren’t doing much better. They’re tucked away in tiny cubicles, Googling Brexit facts while neglecting their actual jobs…
So what’s the real reason no one’s paying attention to the market melt-up?
Simple: Everyone cashed out months ago.