February's big-bang stock drop had the world squawking: "Cracking China! US housing bubble! US hard ...
February's big-bang stock drop had the world squawking: "Cracking China! US housing bubble! US hard landing!" Nonsense. Bull markets end with a whimper, not a bang. Bangs are corrections, nothing more. The Great Humiliator or TGH - my pet name for the market - parts fools and their money. Yanks, Brits and the entire developed world fret over housing havoc and an economic hangover. Everyone agrees on a slowdown - the argument is whether the landing will be hard or soft. Nothing doing - there won't be any landing at all. The global economy is accelerating, bringing the US and UK with it - ne...
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