Is the Rebound Sustainable? The Answer Lies in Liquidity

The only thing that matters in this market is liquidity. As last Thursday’s market sell-off and this week’s rebound have proven, the only real factor driving the markets higher is liquidity. That’s why all the recent action directly or indirectly related to the Greek bailout, the European Central Bank (ECB) monetizing more debt, the ongoing bailouts of Fannie Mae and Freddie Mac, and deep deficits of Western governments at all levels, simply further cement the most important trend of the next decade. It’s a trend that will make fortunes for some and cost others a lot. Here’s how to ensure you’re on the right side of it all. The Set Up The western world is drowning in debt. Western governments, corporations, and consumers (as…