Why This Rally Reminds Me of 2008

It seemed for a minute that reality would bring some semblance of market-pricing to U.S. and global markets, because it's much needed. But then central banks stepped in... again. I knew they would. No, I'm not surprised that, all around the world, central banks continue to manipulate market-moving pawns across a chess board. And by pawns I don't mean economies, I mean equity market prices for banks, bank debt, and sovereign debt. What is surprising is how blatant central bankers are becoming about the manipulation. Under these conditions, the market - let's call it the "Extend and Pretend Market" - has some big opportunities and some pitfalls for investors. So let's have a look at what's in store... Tags: market rally , Rally , rally before a crash , the 2008 market crash To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why This Rally Reminds Me of 2008 appeared first on Money Morning - We Make Investing Profitable .