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David Stockman: The 3-letter Time Bomb In Your Portfolio

TedTed
in The Bullpen
FYI: After the stock market got off to its worst annual start ever, it’s ticking off record highs again. The world was apparently falling apart after Brexit. But that’s yesterday’s news. Good times are here again. The perma bulls are luring the lemmings back into the market.

A cynic might dismiss this exuberance as merely the usual Wall Street cheerleading. After all, you can’t sell stock, ETFs and other financial products to investors when you are projecting a down market. And so they never do.
Regards,
Ted
http://dailyreckoning.com/3-letter-time-bomb-portfolio/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+dailyreckoning+(The+Daily+Reckoning)
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