Dow Jones Industrial Average Today Ruled By China Weakness – Money Morning

Is Our Addiction to Cheap Money the Latest “Mania”?

More than a decade has passed since the dot-bomb implosion, and many of us are still amazed that so many investors got sucked into such an insane speculative financial mania.

And with U.S. stocks teetering at lofty levels – vaulted into their stratospheric space by the cheap-money policies of the U.S. Federal Reserve – it’s a story that’s worth looking at again.

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