Markets are due for a strong correction... this upside was fake and only liquidity driven, nothing more. Fundamentaly this market is broken and nothing is fixed.
We have a market use to central bankers intervention and this is bad, very bad, because central bankers turn market addicted to easy money.
If you don´t like to short the market, please stay away from it because things will get ugly.
Example of one of the elephants in the room:
http://globaleconomicanalysis.blogspot.pt/2012/04/inconsistencies-in-spains-budget.html
Why Active Investors Should Follow Junk Bonds
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Bonds issued by companies with a credit rating of BB or lower by S&P or
Fitch, or Ba or lower by Moody’s, are considered junk bonds. Junk bonds, or
high-...
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