Mark believes that fundamentals do not justify the massive gains in US stocks in recent years (rise of over 300% in the S&P 500 since 2009).
Does the U.S. have a perfect 'Goldilocks economy' or a vulnerable 'Food stamp economy'? Are we in a ultra low interest rate, liquidity driven "everything bubble"? Is margin debt one of the factors driving speculation in stocks and a stock market bubble?
Is there 'irrational exuberance' and overly bullish sentiment as seen in the recent headline 'Stock market never goes down anymore'?
Very important to keep up ongoing education in world of fake news bombardment. Also important to own hard assets including physical gold and cold hard cash outside our digital financial and banking system.