Next Stop For S&P Returns: 0% – Or Much Worse…

You know what they say about “history,” right?

Me neither.

But from what someone told me at a bar one morning around 2:30 a.m., it’s something about how “people who don’t learn from it“….

Shiller

…. are “doomed to repeat it“…

Shiller2

Whatever.

All I heard was “one more round!” which, when it echoed through the by-then-empty bar, sounded a lot like: “buy that fucking dip”…

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[Charts: Goldman]

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