The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own.
Thursday, March 27, 2014
5 Years and 1 Day....
The SPX rally from ‘02-‘07 lasted five years and one day. Take a wild guess how long the current bull ran? Yep, five years and a day.
Breaking it down a little more, each of those rallies lasted exactly 1,260 days. Scary stuff, huh?
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