Podcast: The Blow-Off Top

By: John Rubino | Wed, Dec 21, 2016
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US equities have entered the final, blow-out stage of their bull market. As in 1999 and 2006, investors have decided that it’s different this time and are willing to buy at pretty much any price. Like those previous bubbles, today’s will end badly, probably in 2017. Gold, on the other hand should do just fine.

S&P500 Monthly Chart

Shiller Cyclically-adjusted Price Earnings Ratio 1901-2016

 


 

John Rubino

Author: John Rubino

John Rubino
DollarCollapse.com

John Rubino

John Rubino edits DollarCollapse.com and has authored or co-authored five books, including The Money Bubble: What To Do Before It Pops, Clean Money: Picking Winners in the Green Tech Boom, The Collapse of the Dollar and How to Profit From It, and How to Profit from the Coming Real Estate Bust. After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a currency trader, equity analyst and junk bond analyst. During the 1990s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He now writes for CFA Magazine.

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