Quote:
Originally Posted by donb9006
Really? Things rising parabolically isn't a bubble?
The Fed printing is what's keeping it all going. Low interest rates from their bond buying. Free money at the discount window. Buying bad mortgages from the banks. They're trying to borrow their way out of a long ongoing depression. Without welfare, Section 8, SNAP food cards, the homeless would be everywhere and there would be soup lines a mile long. Almost 50 million people are on food assistance, millions more in government housing.
It's a bubble...still growing...it's tulip mania. Until the first "whale" runs for the door...
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Show me what is rising parabolically, over the past 1, 3 or 5 years??? S&P, Bonds, Commodities, Real Estate? I don't think so. And don't show me a chart of some single stock with a linear Y-axis scaling.
Like I said, I understand if ermite06 wanted to sell, and if you want to believe there is a bubble, so be it, but there really isn't, just sayin.