Market jitters

On June 15, 2012 by Phil Champagne

It is an interesting twist on how the market has been somewhat predictable in some way since 2009. The picture below illustrated by this article below shows clearly that there is some tremors around the summer time and the market gets back up during fall and later winter. With this being an election year, it is not too difficult to assume the “Plunge Protection Team” (see Working Group On Financial Market will be hard at work again to keep the market solid this time again. This kind of manipulation unless makes things worst later. Right now, with these low interest rates environment pushed by the ZIRP policies (Zero Interest Rate) everybody is trying to find ways to get better return, either via capital gain using pump up market just as the latest Facebook IPO with an amazingly high P/E ratio of 80 as shown.

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