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Bank of America Corporation Message Board

  • sfvip sfvip Oct 12, 2013 5:11 AM Flag

    Market is near all time highs again based on what?

    sure future economy, we see green shootes everywhere and Marijuanna is legal now in many states

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    • First you had the government flood the markets with money in the stimulus programs. Then the government purchased the vast majority of new debt. Companies and the banks are just sitting on stacks of money.They are cash rich but other than stock buy backs have done nothing to expand their markets and grow earnings. I believe this game of cards is about to show up in the stock prices, in that they will not be able to continue to show increasing revenues either through cuts to staff or facilities!

      You are about to witness the "Efficient Market Hypothesis" play out in reality not just financial theory!

14.92-0.01(-0.07%)May 25 4:01 PMEDT