Clearly Overdone! The Market Is All Air. Not A Fundamental In Sight… They Are Still Expensive!

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h/t @michaellebowitz

The market is all air. Not a fundamental in sight

h/t @OccupyWisdom

The #economic “expansion” feels like a #depression because a depression is sub trend #GDP growth for a sustained period of time. The expansion has been below trend for the vast majority of the time.

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#QE induced markets ignore this

Chart via @charliebilello

h/t @OccupyWisdom

h/t @Convertbond

 

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