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"Black Swan" Anxiety Has Never Been Higher 

By: capt_nemo in HOOTERS | Recommend this post (1)
Thu, 12 Oct 17 9:21 AM | 139 view(s)
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The Fed's Williams warns that they "don't want there to be excesses in financial markets... "

Two quick things...

The market has almost never been this expensive...

As Peter Boockvar warns: "Almost there. S&P 500 price to sales ratio is just 4% from March 2000 peak."

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http://www.zerohedge.com/news/2017-10-11/black-swan-anxiety-has-never-been-higher




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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