Friday, November 20, 2015

Happy Pre-Thanksgiving Weekend; "The S&P 500 is as expensive now on a cash-flow basis as it was at the peak of the dot-com bubble"

Feeling complacent?

Ever thought something wasn't right, but you couldn't quite put your finger on it?

Think the Triad Business Journal will lead with this one next week?

Isn't it cool how global financial markets can go up in the face of shitty earnings and terrorist acts in Europe etc..., broadcast to the entire world in real time?

Great night to go out to eat in Paris.

How much GDP got shaved off after the week's events.

Why did oil fall so much as markets rose.

It's as if it's fake.