Wednesday, June 20, 2012

Reliable Long-Term Indicator Suggests the Bear Market Is Back

Reliable Long-Term Indicator Suggests the Bear Market Is Back

"When a market is driven solely by Fed money supply (printing), and not by a fundamentally sound economic backdrop, that's a market bubble. Why are people begging for the Fed to keep inflating a bubble? Have we learned nothing from the housing bubble -- not to mention the last stock bubble? These things never end well."

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