RiskAverseAlert

Tuesday Outlook: Commodities, Global Markets

"Is the recent downturn in volume because Goldman’s computers were shut down for fear they were compromised?"

No. Volume is turning down because pigs really do get slaughtered. When, in fact, equity is dead money, what do the masses who got caught last year like a deer in the headlights do? THEY HOLD! Fantasizing that the status quo of the past couple decades will somehow soon return, weak hands hold, hoping to recover from last year's whipping. It is not gonna happen. Wall Street's credit bubble has popped. The best that can happen from here is that, the lender of last resort is able to control the bloodletting. Uncle Sam certainly CANNOT inflate the credit bubble with such vigor and reckless abandon as Wall Street before. This ALONE is critical to a return of the status quo of the past couple decades. And it is not gonna happen. Indeed, it CANNOT. Yet still weak hands hold, hoping for recovery.