“As far as we know, as long as the Fed keeps pumping, prices for stocks, Andy Warhol doodles and Manhattan apartments will keep going up. But that doesn’t mean any of them are good investments. Stocks, for example, are an option on a bigger Fed-induced bubble. But they’re not cheap. A simple look at the 12-month “as reported” P/E for the S&P 500 will tell you that. Could this continue? Yes, of course. Or, it could blow sky-high. Yes – 2013 was one for the history books; 2014 almost surely will be, too.”
http://www.bonnerandpartners.com/should-you-turn-bullish-in-2014/
Related posts:
Oklahoma Woman Seeks Medical Treatment, Is Jailed Instead, Dies
Camden, NJ Agrees to Pay $3.5M to Victims of Police Corruption
U.S. General Spits on Constitution
ISIS Is Internet Savvy
Movie studios keep mistakenly reporting their own servers for piracy
Military Officer Reads Liberty Arguments, Has Second Thoughts, Retires
In Death, as in Life, Truth About Mandela Overlooked
Thanks to Government, Banks Treat You Like Crap and Spy on You
US, Russia, and China Increase Naval Presence Off Syria
Peter Thiel’s Seasteading Dream Floats On
Renewal of FISA Section 702 with 'abouts' collection slated for Thursday
Instagrammed ballots may bring stiff penalties
“Why did you call the police? They don’t help you.”
NY Governor to Establish Medical Marijuana Program
Police: Arrests possible for spreading false info on Facebook after shootings