Submitted by Bill Blain of Mint Partners
Forget the Known Unknows, its the shocking surprises that are going to get us
“Bubbles don’t grow out of thin air, they have a solid basis in reality. But, reality is distorted by misconception..”
And it’s a bad start to the week as my Bloomberg obliquely gave the finger by refusing to log me on.
Markets don’t care about my travails. They continue on their unstoppable upward trajectory. (Remember that word – trajectory, often parabolic. Look it up.) Lots of folks warning about complacency, but markets pay no heed. They prefer the global unlimited growth vibe..
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