(By Michael Snyder) Analysts at Goldman Sachs are saying that it is next to impossible for stock prices to keep going up like they have been recently. Ever since Donald Trump’s surprise election victory in November, stocks have been on a tremendous run, but this surge has not been matched by a turnaround in the real economy. We have essentially had a “no growth” economy for most of the past decade, and ominous signs pointing to big trouble ahead are all around us. The only reason why stocks
have been able to perform so well is due to unprecedented intervention by global central banks, but they are not going to be able to keep inflating this bubble forever. At some point this absolutely enormous bubble will burst and investors will lose trillions of dollars. The only other times we have seen stock valuations at these levels were just before the stock market crash of 1929 and just before the dotcom bubble burst in 2000. READ MORE
