Mon, 28 July 2014
Jason Burack of WallSt4MainSt.com joined us for a discussion of what's driving Wall Street higher. It's certainly not economic growth or rational investing. Rather the casino mentality has taken over the herd. Over-leveraging and M&A activity, among other things, is driving stocks ever higher. Flight capital from Europe and Asia is just pouring gasoline on the fire. That's why a healthy position in precious metals is always a good idea, for one day the madness will stop and that's all we'll be left with.
Comments[0]
|
Adding comments is not available at this time.
