The current investment environment is fraught with risks, mainly price distortions created by global central bank interventions since 2008.

Financial markets may correct in the near term as markets lose even more confidence in the efficacy of central bank interventions.

Recent economic data;

Dollar strength and crisis correlations

http://hartzman.blogspot.com/2015/01/dollar-strength-and-crisis-correlations.html

China Leading Index

http://hartzman.blogspot.com/2015/01/china-leading-index.html

Dallas Fed New Orders

http://hartzman.blogspot.com/2015/01/dallas-fed-new-orders.html

U.S. Crude Oil Stocks

http://hartzman.blogspot.com/2015/01/us-crude-oil-stocks.html

Margin Debt = Negative Credit Balances = Bigger than the last two bubbles

http://hartzman.blogspot.com/2014/12/margin-debt-negative-credit-balances.html