The price of something in the world now is merely set for psychological reason. There is no fundamental value analysis for what something is worth. The FEDs just expanded the money supply, increased access to credit, and let the people inflate the value of things. Thanks to the lemming attitude in the United States, people assume a rising stock market means rising economy. This is the problem with having these retarded ditzes on TV talk economics when they barely speak fluidly without a teleprompter (much like our beloved leader, Mr. President). The sad, servant group of people in the US don't understand that the prices are up because there is more fluff currency in circulation. It's all one big game and they will never understand it. In a effort to control the economy through emotion as opposed to fundamental strengths and weaknesses has lead to ever increasing amount of leverage as Ben Bernanke hopes to buy a little more time so that he can die naturally and not the hands of an enraged populace who sees EXACTLY what is going on. The US has learned nothing from 2008 and that means either they don't care and have short term memory, or they are just plain ignorant (they being the politikal jabroni's, not the duped and tricked public). Had it not been for the August 2011 correction, the Margin Debt would have continued to steady, 45 degree, climb toward the levels set during the 2008 crash. Lemmings never learn.
From NYXdata:
From NYXdata:
Since 2005
Since 2009
