This Time Is Completely Different—But Not In A Good Way!

If you don’t think the stock market is a giant accident waiting to happen, just consider the two most crucial developments—-soaring stocks and soaring deficits— since November 7, 2016. First, on the lunacy side of the equation, the S&P 500 was up 35% at its 2873 peak on January 26, and now the dip-buyers, chart-readers and robo-machines are trying mightily to retest […]
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