All-Time Highs in the Stock Market
The stock market has reached new all-time highs this week, just two weeks after plunging over the BREXIT result. The bulls are exuberant as they dance on the graves of short-sellers and the purveyors of doom. This is surely proof all is well in the country and the complaints of the lowly peasants are just background noise. Record highs for the stock market must mean the economy is strong, consumers are confident, and the future is bright. All the troubles documented by myself and all the other so-called “doomers” must have dissipated under the avalanche of central banker liquidity. Printing … Continue reading →
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