The Worse Things Get For You, The Better They Get For Wall Street…”As John Hussman points out, we are about to be transported back to the wonderful days of 1929. Time is growing short as the grains of sand in the hourglass run out.”

Tuesday, October 27, 2015
By Paul Martin

by Jim Quinn via The Burning Platform blog,
ZeroHedge.com
10/27/2015

“Investors are now facing the second most extreme episode of equity market overvaluation in U.S. history (current valuations on similar measures already exceed those of 1929). The belief that zero interest rates offer no alternative but to accept risk in stocks is valid only if one believes that stocks cannot experience profoundly negative returns. We know precisely how similar valuation extremes have worked out for investors over the completion of the market cycle, and those outcomes have never been deferred indefinitely. The only question at present is how many grains are left in the hourglass.”

The Rest…HERE

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