Jesse's Café Américain: US Equities: Rich Valuations, Insiders Selling

"Seneca had made the bargain that many good men have made when agreeing to aid bad regimes. Their presence strengthens the regime and helps it endure. But their moral influence may also improve the regime's behavior. For many, this has been a bargain worth making, even if it has cost them—as it may have cost Seneca—their immortal soul. The Rome he has been trained to serve, the Rome of Augustus and Germanicus, was gone. In its place stood Neropolis, ruled by a megalomaniac brat.” James Romm

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?

A. How many do you need?