Signs Of A Market Top: Investors “Give Up Bargain Hunting,” Pile Into Big Tech
by John Rubino via Dollar Collapse One of the last things to be tossed overboard in the late innings of a bull market is discrimination. Instead of comparing the valuations of different assets and buying relative bargains, investors (known in retrospect as “dumb money”) just pour cash into the things that have been going up. This gives those favored … Read more