Stocks are way over-priced for any normal investor....but so are bonds.
THERE IS A STOCK BUBBLE AND A BOND BUBBLE..... As stocks sell off later this summer...some of that money will run to bonds which are also overpriced....
So the net result...after you take your bath in stocks....You'll get a good rinsing in the bond market....
THE ONLY SAFE INVESTMENT IS CASH..... And there might even be a DOLLAR BUBBLE but that's another matter all together.....
ESSENTIALLY, WHAT GREENSPAN HAS CREATED IS ASSET BUBBLES GALORE!
Amazingly, most of Greenspan's "liquidity" has managed to stay trapped in the asset markets....and so inflation has stayed contained...except for some "leakage" into oil and gas. And that is truly too good to last.....the US government is double dog broke and is fighting expensive and unwinnable wars that no one supports outside of Israel and the Bible Belt.
AT SOME POINT, THIS SUMMER...REALITY WILL START TO SINK IN.....I HAVE NO IDEA WHEN BUT IT WILL HAPPEN SOONER OR LATER.....
THE PROBLEM IS THAT NO ONE WANTS TO SEE THE "ERA OF BUBBLES" END.....SO IT WILL BE CONTINUED UNTIL IT COLLAPSES OF IT'S OWN INTERNAL INCONSISTENCIES.....THE MARKET MASTERS AND THEIR SHILLS ARE ARGUING IN CIRCLES NOW....AND IT IS TEDIOUS AND TIRESOME TO EVEN RESPOND TO THEIR DRIVEL......
SO THEY JUST KEEP CIRCLING AND CIRCLING......LIKE A FAST ACTION SHELL GAME....
ASSET BUBBLES GALORE.....PLACE YOUR BETS....AND PREPARE TO LOSE SOME MONEY........
