“This bull market is really odd. The Dow and S&P 500 are near all-time highs. The Nasdaq is inching closer to 4,000 for the first time since the tech bubble did its best weasel impersonation and popped in 2000. Twitter (TWTR) surged on its first day of trading, despite the fact that it is not yet profitable. Snapchat has reportedly turned down offers to sell out to Facebook (FB) for $3 billion. This is a company that is not even generating sales yet. How are all those hot ‘pre-revenue’ Internet companies from 15 years ago doing? Are they still monetizing eyeballs? It looks like bears remain in hibernation and the bulls are … wait for the Rage Against the Machine reference … still on parade.”
The strangest bull market ever
- Post author:The Freedom Watch Staff
- Post published:November 15, 2013
- Post category:Economy / END the FED / Network Archives / News / The Freedom Watch
Tags: Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, Investment/Trends, Mainstream News, Money For Nothing, Resistance, sound money, technology, The Freedom Watch, What Could Possibly Go Wrong
The Freedom Watch Staff
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