Thursday, May 21, 2015

Tools And Their Money. Are Soon Parted

As usual in the Idiocracy, the truth is the EXACT OPPOSITE of what is widely believed:

1929:
"Stock prices have reached a permanently high plateau"
- Irving Fisher (Noted Economist)

Now:
"Stocks are fairly priced relative to corporate profits. Nowhere near as overvalued as Y2K"
U.S. stocks (black) with profits (blue) and GDP (red)



Yes, that fucking dumb. No, I'm not kidding. 

The only time stocks have been this overvalued, is never. No comparison.

Whatever it takes to end this shit show.