$TSX Monthly
A proxy for liquidity has to be the TSX at new historic highs. What comes to mind is how much we have ventured into uncharted territory with the advance.
'The Fed' isn't buying the TSX. But what comes to mind is the expression that people are tearing each other's eyeballs out to advance a point.
Yr. 2000 was supposed to be the killer. Then, 2007 was supposed to be the killer. With oil prices in decline, the TSX aught to be vulnerable, with its head in a guillotine.
http://scharts.co/14NpkLe
-F6