Update 9/14

Like the blog stated 3 days ago, central banks control the world. Open ended QE until unemployment is down to much lower levels, or something else happens before that, that is what we have before us. I would call it a world war in monetary policy. It's all in now and it is just to go with the flow. Asset classes will rise until the following scenario plays out: Food prices and other input prices rise to the point that these factors offset the positive wealth effect. At this turning point, reducing demand in the economy due to the high raw material / input prices and at the same time squeezing margins of companies. It is the only scenario that can derail this and it is not so different this time, actually it is pretty text book stuff. It is thus relative hyperinflation, perhaps not by historical standards but hyperinflation in the definition of further stimulus is no longer possible because it weakens rather than strengthens the economy. Another scenario is more political and is linked to how other countries react to the weakening of the dollar policy. The big movement is in the near future, however, completed and I will invest in buying 1-2% dips in the index next week.