Monday, December 10, 2012

Stocks Go Positive for Day

This is amazing. Investors are so pleased and so filled with faith in Bernanke, that they believe that stocks are worth more today, than they were on Friday, despite the worsening economic news. Here's the proof! Stocks just went positive for the day.
This sure looks like a bubble to me, when investors ignore all the fundamentals and worsening economic climate and keep buying, despite all of it. That's the very definition of a bubble.