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DEC 10, 2013 - Zero Hedge

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Weekly Sentiment Report: The Biggest Bubble

Introduction I don't have an official definition of a market bubble, but we can probably all agree on this: stock prices are currently divergent not only from the economy but from the underlying market fundamentals. So if you think the current stock run is justified, then you likely believe that stocks are forecasting better growth in the economy or market fundamentals (i.e., earnings) will improve or that there will be some catalyst that justifies the price ramp. The best and most easily identifiable catalyst has been Federal Reserve largesse, and this has done little for the economy. In ... Read More

Tags: Weekly Sentiment Report: The Biggest Bubble,  Staples Latest News