“With the addition of Chinese Web portal Alibaba, there are now 44 start-ups preparing to enter the public markets. Each of these has a valuation of more than $1 billion. The last time there was this kind of action in the IPO market was 2000, just before the dot-com bubble blew up. And the last time stocks were this expensive was 2007, when the subprime/finance bubble blew up. That was also the last time share buybacks by US corporations passed the $600 billion mark, which they will do again this year. Yes, dear reader, the party has gotten out of hand – thanks to all the free booze supplied by Ben Bernanke and Janet Yellen. It’s time to look for the car keys.”
http://bonnerandpartners.com/dancing-tables-lampshades-heads-market/
(Visited 29 times, 1 visits today)
Related posts:
Ammunition Tight, Will Stay Tight
The Role Disability Insurance is Playing in Discouraging Young Adults from Working
Toolbar enslaves PCs for Bitcoin mining
Homeland Security Whistleblower Declared Domestic Terrorist, Raided at Home
In San Francisco, It’s Illegal to Store Your Own Stuff in Your Own Garage
10 Climate Myths Busted (in 60 seconds!)
Hastings Coroner Report: He Was Using Drugs, But Not Considered a Factor
Now They Tell Us: China Debt Levels 'Unknown'
Pot Grower Demands Speedy Trial, Is Imprisoned For 6 Years Without Trial
Trump Attorney General: "Good People Don't Smoke Marijuana"
Bitrated: You Can No Longer Say Bitcoin Has No Consumer Protection
New law permits cop drones to fire beanbag rounds from the sky
Glenn Greenwald: Obama moves to make the War on Terror permanent
Dancing Is Finally Legalized in New York City
Netherlands Bar Accepts Bitcoins For Beer With New POS System