Nov 28, 2020 | 18:55
1
Greed has never been so intense . . . debt has never been so explosive . . . investors have never been so gullible (IMO) . . . .
Nov 28, 2020 | 19:25
2
Party till ya puke, comes to mind.
Lots of big TV's leaving big box stores and undoubtedly all on plastic pay later(never) cards.
Nov 28, 2020 | 22:13
4
Stock markets continue humming to new records through the largest economic shock in history.
November saw the biggest monthly gain since the late ‘80s. The investment world is totally desensitized rallying regardless of fundamentals. According to Bloomberg, $77 billion was plowed into equity funds last month, a new record.
Meanwhile, unemployment claims stateside are climbing, incomes are dropping and the economy is again slowing.
But, the VIX volatility index (gauge of investor fear) is now at its lowest since February.
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