This Time It's [Not] Different...................from Rico

This past week, the SPX erased three week's worth of back-to-back gains in a single week.
- The last time this happened was October 2007.

Not that markets are in a bubble induced by Central Bank expansion, or that corporate cash flow has halted (and so has revenue and EPS), coupled with the junk bond and energy market implosion.
- The wise guys, the TBTJ guys say "fuggedaboudid."

Have no worries. Forget counterparty risk. Invest in stocks. Remember to repeat "this time it's different" as you step off the cliff.
- Hey, if Barron's says so, why then it must be true!