Will we be in debt to Martians next?- Mark Cook

Mark D. Cook is very bearish on the stock market.

The fact is that this foreign buying has suppressed the long term rates and created this inversion. The foreigners have more market power than our Federal Reserve at setting the rates? My wallet has a headache!

Secondly, let's look at the stock market. Just the facts! The most obvious is the length of time the S & P has not had a 10% correction. It is over 3 years! Markets need to cycle, that is the nature of a free market, is it still a free market? One does wonder! If I hear the infamous words one more time, "This time it is different" I am going to go postal.

Why hasn't a normal correction been seen? Once again foreign monies have chased our stocks upward. I grew up on a farm with cattle. There is a literal rule of herding a bull. Never let it turn on you! This is very true and in the abstract sense applies to the current stock market.

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