With the recent positive recovery in the markets from the abyss, maybe I am better off titling this piece "False dusk." For like always before, at least in the years since the bad old yr 2008 subprime days, markets have always bounced back from the looming darkness thanks to the ever indulgent US Federal authorities.
"The lust decade," many investors have been conditioned to believe that the Central Banks will coming running when we the markets collectively throw tantrums, when our greed for gains are hampered.
Would this utopic world of investing we now live in ever revert to the days as we used to know it?
Where thrift and hard work and integrity are valued and rewarded. And recklessness, deceit and profligate behavior punished?
I believe so. Like the Bible warns. It is not because God is non existent nor incapable, but rather He is patient towards us. But the days are coming when those who continue to take Him as irrelevant will face His wrath.
And a very bad September could be a good starting reminder.
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