There Seems to Be Lots and Lots of Froth Out There

I never ‘WANT’ markets to drop, but we have had it pretty damn good for a while and I would not be surprised by a strong correction.

There are many real reasons –

1. Interest rates rising

2. Homebuilders rolling over

3. GOOD (yep not bad) economic data out of Europe – by good I mean it’s been so bad for so long and nobody cared that it might be a hint of good news that surfaces big sellers.

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