An Apple A Day Keeps The Mullets In Play
With the S&P 500 closing at 3349 today, which is just 1.0% below its all-time high on February 19, we are no longer dealing merely with a liquidity-fueled speculative excess, or even the ultimate case of Greenspan’s infamous “irrational exuberance” of December 1996. What we have now is a ticking financial time-bomb, the implosion of […]