Here’s why we like the market set-up heading into 2022

Here’s why we like the market set-up heading into 2022

You can "blame" easy money for the strong run in stocks this year.  You can talk about stocks being the "only game in town." You can figure out that companies are stronger than ever because business is just so darned strong and the Fed is keeping rates low. Me? I think that these "excuses" for a strong market led so many people astray that they serve as reminders that "good is good," not bad as so many of the so-called sages that we have to listen to all day would tell you. We live in a Cinderella world where so many people expect midnight to change everything from hopeful to disastrous. The litany of what was supposed to blow up in our faces made owning stocks seem like a mugs game, when it turned out that shorting was the mugs game — the intellectual equivalent of who can best map out a flat world. Will 2022 be any different? The Fed won't be as easy. The bankers and SPAC kings will keep pumping out junk pricing it low to entice, but the enticement is the real bear trap of this market. Most of the companies that have gone public