Another characteristic worth noting is the acceleration of duration, amplitude and volatility as bubbles reach their zenith. So while bulls are cheering the greatest post-election rally in 73 years (or was it 743 years? 2,743 years? Whatever...), they should be quaking in their designer boots for what increasingly manic rallies are signaling: it's about to pop, baby.
Jesse Felder of TheFelderReport.com succinctly summarized the case for GBOAT in This Is The Textbook Definition Of "Late Cycle" In The Stock Market (Zero Hedge).
The charts below bolster the (painfully obvious) case for this being the greatest bubble of all time.
Wilshire total stock market capitalization to nominal GDP: record disconnect from GDP.
http://www.zerohedge.com/markets/forget-goat-look-gboat-greatest-bubble-all-time
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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