Tuesday, 14 August 2018

Different This Time???

If you worry about a frothy stock market, please read this...

https://www.businessinsider.com/stock-market-double-tech-bubble-valuation-one-measure-shows-2018-8

The difference will come from the sheer breadth of the pull back this time...unlike in 2000-2001, there will be nowhere, other than maybe Gold, to hide.

The NYT also reported that stock buy-backs will hit a record $1.1 Trillion this year. It is a market propped up by the greed of the wealthy, about to consume the dreams of tens of millions of average investors.

Image result for scared kitten 


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