This is no recovery, this is a bubble – and it will burst

Safe haven USD

buy GOLD now before too late

ROFLMAO!

RUBBISH article...everytime markets reach all time high people talk about bubbles till it makes news highs and newer highs...world is in much better state than it was before....Europe is getting better everyday but the results (in numbers) is always the lagging indicator...for some reason world thinks numbers come before change in underline but we know that's not true....Chinese markets have more or less priced in issues there which is a good thing so there are no unknowns but only knowns....as per article FTSE has done nothing for the last 15 years that means it has been consolidating and now ready to move to greater heights.....I am not saying today or tomorrow but in years to come....India is on a verge of breakout and it should be the best performing market of the world in 2014...Short AUD trade seems not so convincing now....having said the above I have reduced my equity positions by 50% and booked profits to some extent and moved to fixed income....just doing that I reduced stress by 50% and it feels great...so now I don't care what the world does as I just have 50% in global equities and would be happy with whatever returns I get or not....In short I feel there is 50% chance of correction globally and the real money will be made in India (post elections)...oh and for the Short AUD lovers the max return I see in that trade is 5-10%...but the reverse would be 5% tops....so short aud still looks good but well its not worth the risk...even though unemployment will climb to 7% this year and china u know( who knows anyways....lol)

Perpetuity...There is no alternative

"This time around, no one is offering a new narrative justifying the new bubbles because, well, there isn't any plausible story". How about with interest rates at or near zero in UK, US, EURO and Japan there is not much alternative for investors to get yield or capital growth except with equities?

Anyway I hope the author is correct about a bubble, and my strategy would be to short the hell out of the stock indexes.

and the ultimate result is only buy gbpusd

Nonetheless, QE and Abenomics have sustained current growth. It's just a question when these will end and to what consequences.

The Guardian…leftist socialist rag…always pushing the agenda.

ya world is better because like one of the senator said we are going to QE infinity

The Dow Jones is stuttering having hit a long term trend line anchored form the year 2000, and the FTSE is just shy of the all time high set in Dec 1999. One can expect a reaction off this level, though it is looking so strong it may just punch straight through it. However, the technical picture is far stronger now for both New York and London and so a repeat of 2000 and 2008 is extremely unlikely. A pullback of some percentage points maybe, but not a full scale sell off. We will go higher, though we may have to come off the current highs first.

no one can predict. market being extremely overbought would be an understatement though. some of the tech valuations are back to 1999.

The stock markets are the most highly manipulated markets there are. And those "big money" outfits hardly ever lose because they are the ones that create the upwards price moves; pressure for moves up, and support to hold them up. And when they are all finished closing their longs and building their short positions, then the bubble will be made to burst.

This has been the workings of "big money" in the stock market since the last turn of the century, over a hundred years ago when the syndicates ran things. Now it is the huge bank/investment houses, but their methods have never changed, neither has their profitable status. They are now bigger, more powerful and more wealthy than ever before due to their methods. The stock markets are now international, but remain their "private" casinos.

if u read my full msg I m negative at this point... correction isdue....but a normal correction 20-30%....the reasons given for a bubble is rubbish...but the end result may be same....as qe reduces gradually stockprices will go down gradually....oncemarket has priced in we willsee a rally...forsomereason if markets continue to rally from hereon then bubble theoryis correct.... next few months of taperingareimp....

left wing journo got it right today ... maybe the next Hilsenrath?