APR 19, 2017
Were in a new era where as the Fed used to say, time to take the Punch Bowl away, now its better take off the beer goggles. Different eras, same hangover. Where as things look better under the guise of free flowing liquidity.
Commercial real estate, bonds and stocks are more overvalued than at any time in history.
Please read the rest here; The Fed Still Has On Its Beer Goggles