“A Correction Is Coming” … a retrospective

As the market continues to run almost daily to new all-time highs, the probability of a significant correction continues to increase. Of Course, the potential for correction has been with us since the lows. Still, it is a fertile field for media/pundit speculation and chatter. Ergo, I ask “so what?.” Since my very first postings […]

ERRATUM — The Fed Minutes — Another ‘Irrational Exuberance’ Moment

in paragraph three of the post the number quoted as the December 1988 opening price for the S&P 500 was erroneously quoted as 743.25.  It should read 276.50. The original version of the post has been updated to provide clarity and reflect this change.

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