By EconMatters
We look at exorbitant P/E Ratios across the stock market where I literally can pull any stock up and find an insane p/e ratio right now, and secondly the economic data doesn`t justify a 65 basis points effective fed funds rate. Yes we are in the biggest stock market bubble of all time Janet Yellen!
Presented with no comment...
Source: Townhall.com
The online encyclopedia Wikipedia, will no longer use stories published by the Daily Mail as a source, citation, or proof of notability. Wikipedia editors have decided that the Daily Mail is too “unreliable” because of “poor fact checking, sensationalism and flat-out fabrication.” Sputnik reports: The Daily Mail in London, edited by Paul Dacre, and its online publication, MailOnline is “generally unreliable, and its use as a reference is to be generally prohibited, especially when other more reliable sources exist,” according to a summary discussion posted by Wikipedia.
We know the big bank executives have been dumping $100 millions as their stock prices have soared.
We also now that corporate insiders are dumping their own stocks at the fastest pace in years.
And now we know that, as BofAML reports, net sales by hedge funds last week were the third-largest in history and the largest since last Feb...
Submitted by Michael Snyder via The Economic Collapse blog,
What is going to happen to society when robots are able to do just about everything better, faster and cheaper than human workers can?