by Justin Spittler
Corporate America has been living beyond its means for too long…
If you’ve been reading the Dispatch, you know we’re living in very uncertain times.
Global interest rates are at their lowest level in 5,000 years. Global debt is spiraling out of control. And U.S. stocks are rallying despite serious problems.
After going nowhere for more than a year, U.S. stocks “broke out” earlier this summer. The S&P 500 is now trading near an all-time high.
Many investors are struggling to make sense of this.