More and more people are coming to the same conclusion. The bull market is a fraud. And the system is corrupt. And they’re right. But not for the reasons they think.
Here is Number One on the “Capitalism as we know it doesn’t work” hit parade. From Forbes: “Top 0.1% of the Nation Earn Half of All Capital Gains”
December 5th, 2011 | Bill Bonner | 2 comments | Continued
House prices seem to be stabilizing. In some areas, they are going up. Of course, in some places you can get a house at half the price it sold for two years ago. That lures buyers back into the market.
October 1st, 2009 | Bill Bonner | 11 comments | Continued
But as far as we can tell, the rally is still underway. The G20 meeting is widely seen as a triumph. The money is flowing. People think we’ve seen the bottom.
April 8th, 2009 | Bill Bonner | 3 comments | Continued
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| All Ordinaries | 4345.700 | ||
| S&p/asx 200 | 4271.100 | ||
| China Shanghai Co | 2351.854 | ||
| Gold Sep 11 | 0.00 | ||
| Clj11.nym | 0.00 | ||
| Nikkei 225 | 8999.18 | ||
| Indu | 0.00 | ||
| S&P 500 | 1351.77 | ||
| Ftse 100 | 5905.70 |
