–Is it? Don’t buy this argument. –– A more elevated view and longer-term perspective yields an entirely different picture. –Stimulus and low interest rates world-wide seem under-appreciated as long-term drivers for the economy. –Using the analogy of baking a cake, we’ve just made the batter. The World According to Forsyth This was the take of…
Tag: Investopedia
“Bull markets often end with a euphoric rally called a ‘blow-off top.’ We may have just had one”
Another ‘OMG’ moment from the financial media They must be doing this on purpose (click bait) because no serious observer of the markets could even come close to calling the market’s action over the past few weeks a blow-off top. However, CNBC found themselves an analyst (a serious observer) who would make that assertion, Ned…