Under Dow theory, we are not confirming a higher [continuing] bull market.
March 2014
Monthly Archive
March 4, 2014
March 4, 2014
March 2, 2014
Those profits…from increased revenues from increased sales? Or, from cuts to employment and monetary inflation?
It is predominantly the latter. Therefore, virtually worthless. Yet, the market is at all time highs. Not on valuation, rather on QE and asset price inflation. The “inflation” is below 2% is a joke.
