Mind The Scale, Chicken Little

“I simply want to point out that neither one of these graphs are anywhere near as bearish as the Chicken Littles claim.”


David Stockman Asks: ‘Dow 25,000, What Could Possibly Go Wrong?’

“…we know of no melt-up that had legs of more than a few months after the point that irrational exuberance went full retard, as is happening at this very moment.”