Editor: Vladimir Bajic | Tactical Investor[color-box color=”blue”]
We discovered that our readers loved the concept of us posting excerpts to other interesting articles. In keeping with that theme, we think you will find the following article to be of interest. We cover a wide array of topics as in today’s world of finance everything is interrelated. Mass Psychology states that if you focus on only one topic it’s like looking at the tree only and forgetting that it’s part of the forest.
Since the markets bottomed in 2009, one naysayer after another has penned many an obituary for this market. Alas, all those obituaries were based on fantasy and false perceptions; the bull is alive and kicking while many of those experts are either bankrupt or have bankrupted their clients several times over. We repeatedly stated over the years that the era of low interest fostered an environment that favoured speculation over hard work. This is why so may companies have opted to be boosts EPS via share buyback programs. Why work, when through the magic of accounting you can create the impression of growth when there is none. All is well, and when it ends, only the workers and the masses will lose for the corporate wenches will walk away with bloated accounts. Stock Market Bulls-Stock Market fools-Market Crash next or is this just an Illusion[/color-box]
Other Stories of Interest
America’s 21st Century Energy Story ( Feb 10)