Wall Street Is Ecstatic As The NASDAQ Closes Above 5000 but we are in Shemitah CycleWall Street was full of glee Monday when the Nasdaq closed above 5000 for the first time since the peak of the dotcom bubble in March 2000. But are we on the verge of another Bubble Bursting resulting in another economic collapse like we saw in 2008? After all we in a “Shemitah” cycle on the jewish cuyle! Yet almost everyone in the financial world seems convinced that things are somehow “different” this time around. Even though by almost every objective measure stocks are wildly overpriced right now, and even though there are a whole host of signs that economic trouble is on the horizon, the overwhelming consensus is that this bull market is just going to keep charging ahead. But of course that is what they thought just before the last two stock market crashes in 2001 and 2008 as well. No matter how many times history repeats, we never seem to learn from it. FULL REPORT