Huge, bullish news.
The FT has declared that nobody wants stock anymore, and that we’re seeing the Death Of Equities.
Peter Thal Larsen tweets out this pic:
Photo: Peter Thal Larsen
As everybody with knowledge of financial media history, the “Death Of Equities” was a famous BusinessWeek cover back in 1979.
Of course, this is what the market looks like starting in 1979.