WHAT, ME WORRY?

Market cap as a % of GDP now higher than the Pets.com peak in 2000. It’s only 23% higher than the 2007 peak and 80% higher than the long term average. Don’t worry. It couldn’t possibly revert to the mean.

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12 Comments
Iska Waran
Iska Waran
December 7, 2017 5:33 pm

Crash already!

Anonymous
Anonymous
  Iska Waran
December 7, 2017 5:47 pm

It might not, at least for quite a while.

Remember that people were saying it would crash if Trump was elected, and the opposite is what has happened.

Wip
Wip
December 7, 2017 7:22 pm

Bitcoin Bitchez!!!!

nkit
nkit
December 7, 2017 7:26 pm

Bitcoin bitchezzzzz!!!
There.
Fixed the newel post Honey!

card802
card802
December 7, 2017 8:35 pm

Back in 2015 I thought, who in their right mind would want to be president during an almost certain market crash, recession, debt crisis, civil unrest, global unrest, and the new loud empowered marginalized minority demanding new demands constantly?

Out of all the fools, Trump is the right one, I hope….

Andrea Iravani
Andrea Iravani
December 7, 2017 9:31 pm

A tale of two bimbos, and some epically stupid men:

Operation Permanent War and Enduring Failure – Andrea Iravani

Operation Permanent War and Enduring Failure

General
General
December 8, 2017 1:47 am

The next crash might not be a stock market crash.

It just might be a currency crash. If so, the stock market might have a crack up boom.

steve
steve
December 8, 2017 6:55 am

The market is up in direct correlation to the $1.25 TRILLION dollar FED dump this year alone, ya know, currency printed out of thin air and stuffed into the markets. All it represents is inflation/devalution of those green pieces of paper in your wallet, not an actual increase in production, market efficiency, demand, etc. Buy some silver, the most undervalued asset in the world (buy low, sell high and be a genius). It’s also disappearing at an alarming rate with global reserves going to ZERO in 10-20 years. Silver will become one of, if not the first mineral to disappear from the periodic table and be more valuable than gold in years to come. Why? Because gold is treasured and silver is trashed. Only oil has more uses than silver. Silver represents a store of energy ALREADY spent. Stocks/bonds represent a FUTURE DEMAND on energy (that is rapidly decreasing and may not be there). BitCoin-my ass

card802
card802
  steve
December 8, 2017 7:05 am

Makes me wonder when silver does indeed become scarce, who will buy it, and what new currency will be used. It’s going to be a new world after all.

Dr. Doom
Dr. Doom
December 8, 2017 7:49 am

That fake stock market casino is a giant bubble of vaporware.
Where’s the value? This is another red Christmas. Over 1000 stores closed already. Discount shops are dumping inventory at bargain basement prices. Wal-Mart is a grocery store.
This fake prosperity of “stock” is The Swamp Blue Sky, LLC. They need that bubble to point to, cause Africa and Brazil are popping up in Mayberry. Resident Gump is a fool. He just pissed off Muslims before Christmas. Millions are now going to have trouble travelling this “holiday season”.
There is stupid, damn stupid and then this Goobermint…