{"id":37841,"date":"2013-04-26T10:35:45","date_gmt":"2013-04-26T14:35:45","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=37841"},"modified":"2013-04-26T10:35:45","modified_gmt":"2013-04-26T14:35:45","slug":"time-to-cash-in-your-chips","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/04\/26\/time-to-cash-in-your-chips\/","title":{"rendered":"Time to Cash in Your Chips?"},"content":{"rendered":"

By Bill Bonner<\/strong><\/p>\n

We don’t like the looks of it…<\/p>\n

Advisors are too bullish. Investors are too complacent. The financial authorities are too confident.<\/p>\n

All up and down Wall Street… in central banks and in Washington…
\nthe stuff that goeth before the fall is thick, sticky and stinky.<\/p>\n

The economy is recovering<\/a>, they say. The Fed has the situation in hand, they add. Don’t worry… we know what we’re doing, they assure us.<\/p>\n

Barron’s <\/a><\/em>magazine says<\/a> the Dow is going to 16,000, illustrated with a picture of a bull on a pogo stick.<\/p>\n

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\n<\/a>View Larger Image<\/a><\/p>\n

Prime Minister Abe says he’ll revive the Japanese economy by printing
\nyen to buy Japanese bonds. And speculators take each hint from the Fed
\nas though it were a whisper from God Himself.<\/p>\n

And all around them, the real economy struggles to stay even. Here’s
\nDavid Rosenberg of Gluskin Sheff with 12 signs that the economy is
\nweaker than we think:<\/p>\n