The excuses to buy stocks – no matter what headline tape bomb explodes – grow longer and more desperate as asset-gatherers and commission-takers know the end is nigh (and judging by the level of insider-selling, so do C-level execs). Of course, to the onlookers, the record-breaking stock markets provide just the ‘price’ evidence that everything must be awesome (right?), but as former fund manager and FX trader Richard Breslow points out, “there’s danger in knowing price, but not value.” CLICK for complete article
