Scary Quote of the Day

Courtesy of The Big Picture"

In fact, let’s learn from history. The only times we have ever seen the stock market surge close to this much in such a short time frame were:

• December 1929
• June 1931
• August 1932
• May 1933
• July 1938
• September 1982

Only in September 1982 and in May 1933 was the equity market embarking on a new bull phase.

Oh Belgium!

Dead Cat Bounce.