End of the world? Yes. That headline should be good for a few extra clicks at least for those of you who didn't run immediately to grab your survival kits and speed to that underground fall out shelter. Someone will have to get them in 20 years and tell them it was all a false alarm. We've had two 'one in every 500 year' hurricanes in less than a month. Last night a massive 8.3 earthquake in Mexico. Wildfires are raging around the globe. 50 inches of rain in some parts of the world, in other parts a massive drought.
Jobs growth continues on its record breaking pace.
What an incredible trading session yesterday! At one point the VIX was up over 50%!
It is different this time around. Right? In 2000 and 2008 cheap money and caviar dreams led to the internet and the housing bubble. In 2017 eight years of cheap money has helped push asset prices to their highest levels in recorded history.
Has the Market Finally Topped?