To best depict what we are currently experiencing in today’s market, with the bullish euphoria that exists, the belief that European woes have passed, and that somehow it’s different this time, let me point you to the movie clip below that comes from “Meet Joe Black”. Here you have Good ‘ole Joe and his lovely lady friend, being swept away by one another in a coffee shop. But like the market bulls, both parties are completely oblivious to what lies around the corner…
Is it any surprise that Mr. Market, Joe comes back as death himself?
