We don’t like the looks of it…
Advisers are too bullish. Investors are too complacent. The financial authorities are too confident.
All up and down Wall Street, in central banks and in Washington, the stuff that goeth before the fall is thick, sticky and stinky.
The economy is recovering, they say. The Fed has the situation in hand, they add. Don’t worry… we know what we’re doing, they assure us.
— Guru Focus