Oh yeah. Stocks actually talk to him.
He may be right. The FEDs have zero tolerance for any stock market drops. They will pump in billions to prop up the market.
The bubble is only 17 trillion big. It can hold up to 100 trillion. So, no popping at this time. We have 15 years to grow to 100 trillion.
The stock market highs were definitely caused by FED and highly unlikely to go down.
History is written by the victors. If Hitler had won, we will all be speaking German.
To answer your question - go to the Greek sophists. Protogaras said - "Man is the measure of all things".
Good or bad. Amazing philosopher.
Volume is of no consequence when FED is the only active buyer. (Or FED's agents who get billions of dollars for their toxic waste).
Yes. This bull market and FED pumping would not stop for the next 30 years. Throw $1000 onto s&P in your child's name and he/she will be a billionaire by 2050.
And America runs on Dunkin........
Not any more. It runs on Chipotle now.
I would buy Boeing and Airbus stocks rather than complaining.
1.3 billion users that is. They are being manipulated by the news feeds.
Guinea pigs that are.
Tomorrow, governments will hire face book to send selective news feed to their subject.
They are doing a social experiments on you by manipulating their own share prices.
They are authorized by Sheryl. She will apologize to you on losing your shirt.
Dumb face book users.
They become crooks. FB executives think that they can manipulate the naive users and get away with it.
Of course, FB users are DUMB. Most of them are adolescents who are yet to mature.
I do not use FB.
I promised my wife a new diamond ring and with Ben's benevolence I got it for her. on July 4, 2013.
This year she wants a Tesla for her birthday. I think aunt Janet will fulfill her desire. July 4, 2014.
I am just a few grands away from possessing a new Tesla.
Think it will happen today.