The Market's Mirror, Exhibit "A"
One doesn’t have to look much further than one of the market’s most popular stocks to read the tea leaves that we could be on the verge of a slowdown in markets.
One doesn’t have to look much further than one of the market’s most popular stocks to read the tea leaves that we could be on the verge of a slowdown in markets.
If you want the full “fear-mongering” bang for your buck, you can go back and read this piece I wrote about 48 hours ago, describing why I think the next market crash—likely already well on its way—is going to break the brains of a lot of market participants.
But yesterday, the inspiration to write about one example of this supercycle peaking came to me ever so delicately, as it often does—while I was frustratedly cursing out one of my home appliances. Because nothing says “we’re at the top of a stock market supercycle” more than a balding 42-year-old man, in the midst of his 390-square-foot apartment, screaming at an inanimate object made in China out of plastic.