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The Return To Normalcy - Even The Supply Of Greater Fools Is Limited 

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Wed, 16 Jul 14 5:09 AM | 111 view(s)
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Submitted by Tyler Durden on 07/15/2014 - 13:12

Sometimes, with the stock market doing its best imitation of the Energizer bunny, we forget just how extraordinary are the times in which we live. We’ve been lulled to sleep by the relentless and mesmerizing march higher of stocks and all manner of risky assets. Maybe it’s just that having lived through two booms and busts already that people have come to believe that another boom in risky behavior is not just the new normal but the old one as well. And having survived the last two busts, none the wiser apparently, everyone figures we’ll survive the next one too. Maybe. Or maybe people just don’t realize how truly weird things are right now. Some suggest there is no reason prices can’t continue to go higher; however, the supply of greater fools however is not unlimited and at some point reality and rationality will return, likely with a vengeance.

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OK I will return you to regular programing, WHATEVER TF that is haaaaaaaaaaa




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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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