Zeev, IMHO, you haven't seen anything yet my friend. We are now pretty much bail-out resistant. How many rate cuts have we had, LOL, I lost count, we've had 13 rate cuts, the combination of which has done nothing, all have sent us lower. The Fed is running out of blanks.
Stocks are almost more expensive than at any other time in history, the bubble caused this, IMO.
pssssssssssss, what's that hissing sound??
There's no growth in the future IMO, uh uh, not with record debt my friend, consumer shot a wad already.
Sure, we'll get that bear market rally someday.
But, before this all over, IMHO, valuations will return to normal.
;-) |
