Ketchup Bottle Economy – December Commentary

Getting ketchup from its bottle is often messy.  It never wants to flow easily.  The container must be shaken vigorously, or squeezed a lot to find that it still does not come out.  Eventually after enough frustration and squeezing, ketchup will flow – often after it explodes with too much red sauce going everywhere.  This month, title alternatives were “Ate Way Too Much” (at Thanksgiving), or “Monster Snow Storm” is brewing.  Both of these ideas relate to news/media sensationalizing new worries which then affect the financial markets.  Following 20 months of market advance with only minor pullbacks, most any new “worry” can cause the market to feel “bloated”.

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