It Really Is This Way
After some weeks of noodling, The thought arose: It really is this way. Now just letting this sink in as the weekend unfolds after a busy, somewhat trying week at work. So what's really sinking in, or rather, what really is this way? And why did this thought bubble up after all that noodling? Well, it's a number of things that we've talked about seemingly endlessly. We can't cover them all today, But let's take a stab at a few. Here goes. The stock market really is more overvalued than it has ever been. And it's been in this state for months now. Add to this that nothing that hits the news or typically undermines stock prices has made a dent in it. These items include war, rising oil prices, inflation, rising yields, exponentially increasing federal government debt, federal budget deficits continuing to blow out of all proportion, a housing market that now seems to have given up the ghost. Just a few. And each one could have at least caused some serious concer...