‘Why should we look back when what we want is to break down the mysterious doors of the Impossible?’ –Filippo Marinetti
Technically, fundamentally, and economically everything that can go wrong is going wrong for the stock market – all at once. Which is a positive development for those who understand the need for closure and rock-bottom. In life, the fear of future events is typically worse than when those fears are realized, particularly when the overhang drags on for so long a period of time. I think I speak for most market participants when I say that I’m pleased to see the endgame approaching faster up ahead, because it is only on the other side of these issues that we can progress to the next phase.
