Our boys in Gainesville has finally cracked. After predicting the end of the world for eons, they’ve resigned themselves to just observing market extremes, slack-jawed, without offering any insights into when it’ll stop, how, or at what level. I just went through the latest Theorist (which only comes out once a month, so there’s tons of time to prepare), and it was nothing more than some folks in a car passing an accident, slack-jawed and astonished.
Indeed, the boldest they got in the entire publication about when the insanity would stop, all they could say was, and I quote, “I guess we’ll find out!”
No one can argue with that, Bob.
