Wednesday Outlook: Commodities, Global Markets

黄河之水天上来

I did get a lot of requests, and to my Danish friends there aren’t any US trading Norway or Finland ETFs yet, but give them time, they’ll have them out sooner or later. Again, I’ll try to cover what interests readers.

Now, about that Peter Sellers/Bernanke thing, I offer no apologies. I just couldn’t resist. It’s no coincidence like we’ve been posting that Fed officials are speaking every day this week. They wanna pump you up, a la Hanz and Franz. Plus they’re taking some bows for their stewardship of conditions. Are you applauding? Do we really want to create another bubble? It seems the easy way out.

Volume remains light and markets are overbought. There’s some serious economic news coming like employment data. But bulls are hardened to bad news and will spin things to suit their agenda.