So far your "idiot" is making piles of money and you're not.

Eventually Tony just like for the market crash you've been predicting, you'll be right ... eventually....

A single word from Buffet is worth a thousand Cramer (or any of his commentator buddies) articles...

Commodities have been  driven by a speculative bubble for years so why can't stocks grow a little when they are still (considering inflation) at the level they were 10 or 15 years ago and while fixed income assets pay next to nothing? Tony you see a lot of trees but you are missing the forest. Savers and lenders ...more

Financialization facilitated speculation. I buy it, sounds like a plausible explanation to me. Obviously what financialization cannot do is to change the intrinsic value of  commodities. All things eventualy return to their intrisic value, just a matter of time...

"A flood of cheap money from the major central banks had squeezed out volatility and risk aversion" Actually this is just plain false. Money "printed" by the FED is mainly going to bank reserves. Now if this is what you base your whole argument on then what is it worth?

Every time the market shows a little down action (and that is inevitable) doomers come out to explain to us how the market is all a great illusion about to crumble.   And every time they are wrong and eventually disappear, until the next time.   This is getting REALLY boring.

bla bla bla bla bla.....

Markets are by nature unpredictable in the short term But I will still stick my headt out and say that this is no crash, at worse a small correction due to speculation, one that will be quickly forgotten. To put it simply equities are just still too cheap compared to other assets.  Only fear can maintain them that l...more