Trust Failed — Market Corruption
Look around. At work, observe your management, staff, and coworkers. Stand back and observe shoppers in the retail stores you visit. Observe traffic flows while you drive.
Each environment displays its own variety of chaos and discontent. Each is indicating the tenor of the rest of our so-called culture.
Our environment has become an ongoing Psychology Today comic strip, emotionalized, self-involved, lost in the chaos it realizes exists but cannot punch its way out of.
Many long-time trusted market indicators, including the seemingly irrelevant environments identified above, scream for wise people to exit stock markets, housing markets, and any environment where trust and rational behavior of counter parties is required to ensure rational, reasonable pricing and follow through without abrogation.
Every market is corrupted by emotionalized, confused, lost juveniles. Inexperience and short-term objectives reign as major decision forces.
Many astute analysts see the signs based upon their favored indicators. Some analysts use technical indicators, some use fundamental indicators, some use both. However, asset deflation is the operative force. A lack of trust in institutions and people is omnipresent.