A year ago, fired NCAA coaches were getting paid more than $500 million dollars. We assume this number has only grown over the past year…with one coach getting $70 million……..The craziness does not end there. We read recently that the #1 Women’s College Basketball Player will have to take a pay cut when she moves from college to the WNBA!........What is this world coming to???
There are a lot of reasons to think the stock market can move higher going forward…maybe even substantially higher. However, we just think it’s important to consider the real situation we’re seeing right now. Let’s face it, when was the last time a parabolic rally ended well?
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