The people at the top are the last to know...
The S&P's last cycle peak was nine years ago in 2007:
The only other major stock market to make a gain in the past decade is Canada +2%.
Oil is down -70% since 2008:
Signal and Noise:
One of these reflects the strength of the Economy, the other one represents a fake wealth circle jerk, primed with printed money and non-stop bullshit...
Which is all this has been for seven years straight...