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Déjà Vu All Over Again: Today’s Suspicious Looking Stock Market

Tuesday, November 21, 2017 21:07

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This year has seen high after new high in US stock price indexes and this comes on top of a run that dates back to March, 2009. There was a time when rising stock prices with or without rising earnings would attract a crowd of eager investors wishing to join the momentum. But today, like so much else in economics and finance it seems to be working upside down and backwards. As the WSJ recently put it, “Earnings drive latest (price) leg, but money has been flowing out of stock funds.” While, it’s hard to image rising prices if money … Continue reading—>

The post Déjà Vu All Over Again: Today’s Suspicious Looking Stock Market appeared first on The Spellman Report.

Source: http://thespellmanreport.com/2017/11/22/deja-vu-todays-suspicious-looking-stock-market/

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