Paul Farrell on Wall Street Bullshit
It’s fun to look up old quotes, especially the silly ones. I replayed a golden oldie today myself. But there is no comparison between 2000 and 2006 when it comes to market fundamentals of the economy and corporate profits. Those of us who look at forward earnings and interest rates got it right in 2000 and have every right to be bullish now.
Here is a list of bullish comments from the bubble era, courtesy of Barry Ritholtz.
Paul Farrell — who seems to be getting more and outraged every day — pulls a buncha quotes from the past to hoist on their own petards the bulls of yesteryear. Before you snicker, note that many of these same characters are rising once again again in …