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As Stocks Power To Nosebleed Levels, Even Jeremy Siegel Is Worried
US equities rose for a second consecutive session to new records Thursday, as the risk-on sentiment
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Your earlier post about the rush to beat the buyback hiatus deadline explains much of this.
The market has finally been turned into compound interest.
Remember the good ‘ole days when we could actually trade around?
Now ever sale is a bad sale and every buy is a good buy .
Or we get Dec 2018s where every buy is bad and every sale is good.
It used to be fun. Now it is like a bank with compound interest.
Best way to lose your job in this market is to mention the worst 4 letter word imaginable…………….. risk.
Good buy (or is it goodbye?)……………… And good luck.