CHART OF THE DAY: #Bubble's Birthday [Price Paid > Value Received] $SPY

11/07/14 07:33AM EST

"On this day in 2007, my first of three children, John Henry McCullough (we call him Jack) was born," CEO Keith McCullough wrote in today's Morning Newsletter. "It was the most humbling, yet inspirational moment of my life...Today is also my bubble’s birthday. Shortly after Jack was born, the US stock market #bubble of 2007 stopped going up. It actually started to go down fast, closing down 6.6% in November of that year – and didn’t bottom for 16 months after that."

CHART OF THE DAY: #Bubble's Birthday [Price Paid > Value Received] $SPY - 11.07.14

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