stevevri

While I put very little faith into this sort of thing or predicting the future, I thought this comparison to 2005 was equally compelling: http://finance.yahoo.com/blogs/michael-santoli/last-year-tracked-the-1995-market-melt-up--ready-for-an--05-style-sideways-slog-203655671.html

They purchased Eurobank for .30 euro per share not National Bank of Greece.

This is something I hadn't seen mentioned until now and have wondered silently. What if Prem is right but wrong? You have central banks pushing a lot of cash out there. While right now deflation may be their concern, things can change quickly and you could easily have a scenario where the market stays flat or gains small but inflation eats up all of those gains.