Case in Point: Why it Has a “great distance to rise” and Why It’s Still a Pig

In the previous post editorializing about why it’s a pig despite what conventional valuation metrics may say, we focused on the reasons that said metrics have remained okay. Namely, money has been cheapened relative to the stock market (the inflation worked for financial assets first and foremost in the post-2008 inflationary operation put in play by the hero, Ben Bernanke) and that money is the … Continue reading Case in Point: Why it Has a “great distance to rise” and Why It’s Still a Pig