The stock market has rocketed upward after reaching its nadir in 2009. However, there are sufficient troubling signals and intrinsic instabilities that it is unlikely that the upward trend will be able to continue forever.
Widening income disparity is not a good sign for the stock market. Although it means that the people who are doing well are doing very well, it also implies a narrowing base of committed individuals. In the long run that is not a firm foundation for secure business.Didnâ€™t catch that? < Read the rest of this entry »