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12-24-2014, 09:38 AM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,875
Thanks: 14,342
Thanked 5,110 Times in 1,956 Posts
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"Double, double, toil and trouble..." Shakespeare Quotes: Double, double, toil and trouble Intro
This artificial low interest rate driven bubble will eventually burst as all bubbles eventually do. PEs are not yet in the stratosphere but they are not far beneath it at 19.48 in the S&P 500 as of 12/19/14. http://online.wsj.com/mdc/public/pag...1-peyield.html
Plus, our national debt is now over 18 trillion dollars. http://www.usdebtclock.org/#
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"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
Last edited by manaboutown; 12-24-2014 at 11:08 AM.
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