The Last Time This Happened, The World Ended…

The Last Time This Happened, The World Ended…

Earlier this month, SocGen warned that U.S. equity investors are a bunch of "boiling frogs." And no, that is not a distortion of the bank's message. Here's the actual quote: The parable of the boiling frog refers to how a frog in a pot can get slowly boiled alive without even realising it. The frog is so comfortable as the water gradually warms up that it is unaware of the danger it faces and ends up cooked. Today’s current dynamics put the US equity market at a similar risk as the frog. "Come
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