Thursday, March 12, 2015

Two very depressing phrases

1. "For, as we approach the sixth anniversary of the US cyclical bull market (a post-war record), "
2. "the PE expansion of eurozone equities is simply off the scale."

It has been anything but a party for the average American. Even less so for Europeans. But the bankers and rich are already coming to the end of their entire toot before the rest of us even get to the  "t".

So it goes in the land of hope 'n change. And in Europe where "hope and change" have ruled for 30 years. Yet we are told that all we need is even more left fascist looting by the political class to set things straight.

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