Eugene, you are very bright and generally make very good points and arguments. Unfortunately it’s hard to be convinced by charts and numbers. Our economy is completely inflated by bogus numbers all over the board and there’s plenty of proof of that. Charts are laughable in this market, although I love the optimism!
And if you were to ask me my opinion of where the market is heading I’d say either we hit some sort of hyper inflationary period that shoots equities through the roof or we have another big crash. I’m sort of leaning on the crash side right now, but still a firm believer that inflationary footprints are all over the place.
