Bull Riding is Dangerous – But Investors Piling On (#66)

This Bull Market has been in full flight, galloping headlong while smashing record after record. Institutional and private investors are giddy with delight, as it seems this Bull will run indefinitely. And it might, considering the consistent and heavy intervention in the Markets by the Federal Reserve and the major Central Banks, keeping the interest rates ultra-low, while flooding the Markets with cheap money so asset prices can sustain their over a decade long flight. For the wealthy institutions and private investors, those with above average borrowing power, this has been the golden-age of unprecedented, massive, governments’ and Central Banks’ largesse - with ‘wealth creation’ through

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