- Earnings have been growing in the last 12 months, but haven’t grown that much over the last 20 years.
- Even the Swiss central bank owns almost $3 billion worth of Apple’s stock.
- After the dot-com and the housing bubbles, school books will talk about the central bank bubble in the future.
All we see right now is the stock market continuing to go up. The S&P 500 is already up 9.7% year to date, and there is no sign that the trend might weaken or reverse. Over the last 8 and a half years, the index is up 242%. More →