Now, more than 50 months into the so-called economic “recovery,” one would expect all those trillions of dollars thrown at the U.S. economy to effect robust growth. But as you can surmise by the startling statistics I just covered above, there has been very little improvement in the U.S. economy. However, the stock market has roared like never before, with the Dow Jones Industrial Average up 140% since March of 2009.
Today, easy money is still on the table and optimism towards the stock market is near a record high. Dear reader, another great bubble has been created. Yes, the stock market, it’s become a huge bubble. And when this one bursts, it won’t be pretty.
This article is brought to you courtesy of Michael Lombardi from Profit Confidential.