“Depart from me, you accursed. For I was hungry and you gave me no food, thirsty and you gave me no drink, a stranger and you did not welcome me, naked and you did not clothe me, sick and in prison and you did not comfort me.' They answer, 'Lord, when was it that we saw you hungry or thirsty or a stranger or naked or sick or in prison, and did not care for you?' He answered, 'Truly I tell you, as you did not do it to one of the least of these, you did not do it for me.’” Matthew 25:40-46
07 February 2015
US Equities: Rich Valuations, Insiders Selling
Stocks seem to be rather fully valued in expectations of The Recovery™.
Happy days are here again.
For some.
Central Banker's Joke
Q. How many monetary policy errors does it take to destroy the world's greatest middle class?