US Equities: Rich Valuations, Insiders Selling
Maybe stocks are rather fully valued in expectations of The Recovery™.
Happy days are here again. For some.
Central Banker's Joke:
Q. How many monetary policy errors does it take to destroy the world's greatest middle class?
A. How many do you need?
None.
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Thanks to the author for these facts. I don't blame the insiders. You have to be a retard to think there won't be another downturn after 6 years. The recent rally was a rather funny one. The market bounced until good job reports. Hmmm, I wonder what next week will bring. Shorts undoubtedly got squeezed, but is there any real new buying?