If you don't know the stock market is in bubble territory, then you're either dumb or rich. High gas prices is what pricked the bubble in 2008. This time there are 3 reasons for another prick.

by TheLegionsOfHell Hurricane Harvey lingering effects OPEC + Non-OPEC cutbacks kick in Bigger SUVs and Trucks now on the road In Vancouver Canada they’re paying like $6/gal. The movie that … Read more

Does the year 2000 and 2007 ring any bells? The drop in the #DowJones to bear market territory took 8 MONTHS. Oct 2007 – June 2008… It’s coming faster this time.

As the household net worth (purely debt) as a % of disposable income (“wealth effect”) gets above 600%, savings rates seem to drop sub-5% in unison; then net worth dissipates … Read more