After 100 Months Of Buying-The-Dip - Stockman Warns Of "Peak Crazy"
Authored by David Stockman via The Daily Reckoning,
Just call it Peak Crazy and move on. There is absolutely no reason for the stock markets to be at current levels, let alone melting-up day after day. The fact that this is happening is a measure of how impaired capital markets have become as a result of massive central bank intrusion.
