As is often the case, there is nothing too special about this chart, no near term 'guesses' or wild predictions. It is however a good summary of where we have come from in the past six years of sheer lunacy.
Six years indeed, and it remains laughable how some have been touting 'bullish market/economy' for almost 3 years now.
My question/comment to them would be...
'...yeah, give me a call when..1. all the main indexes are at nominal historical highs, and 2. the indexes are at new highs -inflation adjusted.... 3. the Bernanke quits paper printing for at least 2 years.
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Until then, the delusional will keep buying their Zinga, the Yelp, and the banking stocks. Good luck with that in the long term, you crazy maniacs.
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