Danielle's recent article shows an alarming chart by John Hussman. It could be entitled Anatomy of a Bubble. No one knows they're in a bubble until after the bubble pops. Why is that? Perhaps because it's so difficult to keep one's perspective when the double digit gains are piling up. In any event, the chart is quite alarming and you should be alarmed too. 

S&P bubbles Hussman

Next, we discussed Elizabeth Warren's ceaseless efforts to impose accountability upon the financial system. Unfortunately, it's a lonely battle. And finally, Payday Loans, a business that shouldn't be allowed to exist. You'll be amazed who financed these entities. 

 

Direct download: Danielle_Park_09.Sep.14.mp3
Category:general -- posted at: 3:37pm EDT
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