By Andrew Butter (Guest Post)
There are many theories about how to value the US Stock market (as a whole); some said that stocks were 40% over priced in May 2009, same story in August 2011. All it took was the hilarious spectacle of the workings of what passes for “modern” democracy to be aired on prime-time, for those same tired-old theories to get dusted off and paraded like some sort of universal truth. 40%…grow up! The acid-test of a “universal truth” is whether it can make accurate predictions in real-time. Here’s a theory that has been right five times out of five, that says (a) the…
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