There are three of them in this round. The first is easy to understand because it has the term easy in it as in easy money.
The other two can be described in a single word--collapse. Both risk premium and volatility, like a good magician, pulled their own Houdini, disappearing a while back without a trace.
And it's the without a trace that troubles all those who get mislabeled by the bulls and MSM as being bears.
Caution is obviously a word these folks have difficulty with since they try to use the old black and white parameter, if you're not with them you must be a bear. These are easy, loose terms to toss around, one of the hallmarks of modern day gurus and the shallow MSM.
Stock-trading volume in June hit its lowest level for the month in eight years, according to the Wall Street Journal, not a good sign that individual investors are rushing to call their brokers. That's a drop of 18% over last June when the tapering news bulled it's way into the headlines.
Though June's volume did exceed that in May, discount brokers, a favorite of mom and poppers, according to reports, are expecting a decline in trading of 20% or more leading to a decline "in daily average revenue trades for the second three months of the year."
We're not suggesting it, but some might view this as another dot that's collapsed.
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