Not much to say. Still bullish, but slightly less frenetic action in the market. We will have to wait for all assets to correct to see significant softening, since they all seem connected at present..gold, $CAD, stocks, RE, oil and commodities.
BTW here is the bubble graph I have posted before and Larry Yatter's graph of Vancouver average prices. As you can see it looks like make or break time!
How frothy is the stock market?
-
*Mid-week market update:* Now that the Dow, S&P 500, and NASDAQ Composite
have risen to an all-time high on the back of a slightly softer than
expected CPI...
2 days ago
They look like a photocopy of each other. Beautiful. You should make and sell T-Shirts of it.
ReplyDelete