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The Honey Badger Stock Market

Stocks just want to go higher, and it doesn’t matter if the Fed is going to peel back quantitative easing, or if GDP growth in the second quarter is going to be a pathetic 1%. Buyers just keep buying, and that means stocks have recovered all of what they lost during the “taper” scare in June.

In fact, the resilience of this bull market reminds me a lot of a viral YouTube video about a honey badger. In the video, the narrator describes the tenacity and devil-may-care-attitude possessed by the pugnacious and fearless honey badger with the constant refrain that, “Honey badger don’t care, honey badger don’t give a s**t.”

Well, so far in 2013, the bulls are just taking their cue from the honey badger — and that means they don’t care about what’s happening around them; they are going to bid stocks higher.

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archive

The Honey Badger Stock Market

Stocks just want to go higher, and it doesn??t matter if the Fed is going to peel back quantitative easing, or if GDP growth in the second quarter is going to be a pathetic 1%. Buyers just keep buying, and that means stocks have recovered all of what they lost during the ??taper? scare in June.

In fact, the resilience of this bull market reminds me a lot of a viral YouTube video about a honey badger. In the video, the narrator describes the tenacity and devil-may-care-attitude possessed by the pugnacious and fearless honey badger with the constant refrain that, ??Honey badger don??t care, honey badger don??t give a s**t.?

Well, so far in 2013, the bulls are just taking their cue from the honey badger — and that means they don??t care about what??s happening around them; they are going to bid stocks higher.

To read the rest of this story, click here.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Doug Fabian is the editor of Successful Investing and High Monthly Income, and is the host of the syndicated radio show, "Doug Fabian's Wealth Strategies." Taking over the reigns from his dad, Dick Fabian, back in 1992, Doug has continued to uphold the reputation of the newsletter as the #1 risk-adjusted market timer as ranked by Hulbert??s Investment Digest. For more than 30 years, Successful Investing (formerly the Telephone Switch Newsletter) has produced double-digit annual gains. Doug has become known for his expert knowledge and timely use of innovative tools like Exchange Traded Funds, bear funds and Enhanced Index funds to profit in any market climate.

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