Sure Thing?!

Mish comments on hedge fund manager David Tepper's call for "everything to go up" in response to the Fed's next round of QE (money-printing). Mish is skeptical. I agree with his scepticism, if only because we don't necessarily know where the printed money will go, when it will act, and what other forces are being engaged surreptitiously.

A month ago everyone was focused on a "Hindenburg Omen". Now everyone is focused on a "sure thing" by the Fed. That is how quickly sentiment can change, and sentiment can just as easily turn again.