Zerohedge makes a good point: the S&P 500 is now in its 23rd quarter of recovery, but does anyone remember what happened the last time the index had such a long run ?
Spoiler: it didn’t go really well.
And we know that:
1) The Federal Reserve is about to end its Quantitative Easing
2) Rates are about to go up, no matter what Yellen tries to tell you
Be sure to have your seatbelt fastened, we’re going down.