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Monday, June 23, 2014

It's Never Different This Time - 1987 or 2014?

While the price analogs of the last few year's exuberance in US equity markets are enough to worry all but the most systemically bullish "believer"; we suspect the following article from the LA Times In the Spring of 1987 will raise a few hairs on the back of the neck of perpetually optimistic extrapolator...
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1 comment:

Anonymous said...

Wow! No comments on this post but 40 some on burger king extra meat post. Hmmm???? Priorities!