Salient to Investors:

Charles Hugh Smith writes:

  • Building new gleaming headquarters generally marks the top of a bank’s fortunes. So Facebook’s glamorous new headquarters, Apple’s under construction “spaceship” campus, Google’s plans for an ultra-modernist headquarters may indicate excessive confidence in endless growth of revenues, profits and valuations.
  • Projections based on permanently parabolic growth have a long history of coming down to Earth.

Read the full article at

Click here to receive free and immediate email alerts of the latest forecasts.