John Rubino – 2007: Deja Vu All Over Again

from Financial Survival Network

We caught up with John Rubino today. He says that 2014 is beginning to look a lot like 2007:

  • NASDAQ tech stocks are back to 1999 levels
  • The number of IPOs with no earnings back to 1999 levels
  • Junk bond yields are even lower than in 2007
  • Corporate debt rising faster than in 2007
  • Margin debt back to 2007 levels
  • Stock prices higher than 2007

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