Friday, August 05, 2016

Debt-to-EBITDA Ratios are Now the Highest in History

Every investor should pay very close attention to the above chart. Since "Debt to EBITDA" is at historical highs, what could possibly go wrong with one's current bullish position on the stock market? Oh, wait a minute! Do remember what happened in 2001 and 2008 to the stock market? But, I know that 2016/17 is completely different this time. Investors are so much smarter and wiser. Right? There is absolutely nothing to worry about going forward. I know what you are saying -- "FED" has by back covered.  Enjoy your weekend.

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