Last spike before the great fall!

We see some really strange occurances on the US capital markets, stocks started to raise as if we all missed the news on how great economy is recovering and growing. Have you read such news? Me either, must have missed the story.

The oil markets are still struggling leaving many countries whose economy depend on the oil price struggling. And I'm not only mentioning Middle East countries, we can count at least Russia and Venezuela for example.

How about China? Who forgot about the 1000 punds gorilla (or dragon) in the room? The unprecedented boom in China’s $3 trillion (really!!!) corporate bond market is starting to unravel bigtime.
Spooked by a fresh wave of defaults at state-owned enterprises, investors in China’s yuan-denominated company notes have driven up yields for nine of the past ten days and triggered the biggest selloff in onshore junk debt since 2014. Now that's some serious concerns.

So rather than getting your high hopes for new bulls markets prepare to face the bears.