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Is this something new ...

Not really.  Mr. Market has once again decided This Time It's Different©.  In my view because corporations, etc., are sitting on whacking great Piles O' Cash and haven't a clue what to do with it.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Mon May 19th, 2014 at 01:23:38 PM EST
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Mr. Market has once again decided This Time It's Different©

But if it's not broker credit, then what's the trick this time? What new story they tell investors to convince them that This Time It's Different? What's the biggest latest "financial innovation"?

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Mon May 19th, 2014 at 02:21:15 PM EST
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I can't believe anyone thinks It's Different This Time. What they think is that there's a heap of money to be made in this bull run, and they're smart enough to get out in time.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon May 19th, 2014 at 02:38:38 PM EST
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