“The durable market rise that began March 6, 2009, is as intoxicating as the Lehman anniversary should be sobering: Nothing lasts. Those who see no Lehman-like episode on the horizon did not see the last one.”
USAGOLD note: This time around no one can claim that they weren’t warned or that they didn’t see it coming as was universally the case in 2008. Now the warnings come almost daily.
Repost from August 19, 2018