“Just as it was in the days of Noah, so will it be in the days of the Son of Man. People were eating, drinking, marrying and being given away in marriage, up to the very day Noah entered the ark. Then the flood came, and swept them all away.
And they said to him, 'Where will this happen, Lord?' And He said to them, 'Where death is, there a gathering of vultures will be.'”
Luke 17:26-27, 37
01 December 2012
Ten Stocks Driving 88% of SP 500 Earnings Growth
Look at the concentration of financially related stocks in that top ten.
That speaks volumes about the nature of this Fed generated 'recovery.'