Corporate executives know what is happening in their businesses before you do. Corporate profits are at all-time highs. Valuations have only been higher once in history – 2000. The bullishness of the Wall Street lemming class is off the charts. Ma and Pa investor have been lured back into the market. If everything is so great why are corporate executives selling the stock of their own companies at an unheard of level of 80 to 1?
Don’t listen to the shills on CNBC and the corporate CEOs touting their stock while they are selling it as fast as they can.
To hide QE & ZIRP.
& back door bailouts.