BUBBLE
ALERT! With corporate earnings at record highs, and Wall St banker
expecting it to only get better, another wake-up call has sounded this
morning. Corporate earnings are collapsing -- the largest plunge since
the last economic crisis --
But stock traders have pushed stock UP 195 points so far today! Stocks going straight up! We're near another all-time record high!
We are definitely in what is know as the "mania phase" of this bubble, folks!
And the reaction on Wall St to that corporate earnings crisis? This:
Stocks ROSE 20 points in the time it took me to type this post!