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RE: A new view at the current economy!

in #economy6 years ago

Interesting, my friend. I don't think we have 5-6 more years, though. The U.S. equity markets are in a totally overbought condition. The entire stock market (with the exception of the precious metals miners, and a few other hard-asset producers) is running at 2-3 times the PE ratio levels that are sustainable, given the underlying fundamentals.

Everything about the stock market is a massive bubble created by the fed's low interest rate policies. With the Fed now thinking it's safe to bump up rates (it isn't-- because that's the only thing keeping the bubble from bursting) things are bound to end poorly, and soon.

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That was my opinion too, but if big money wants to keep the market rallying, they will... It is a possibillity...

Yes, but even their ability to play Atlas will eventually reach it's limits.

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