Markets never stand still. So observes Daily Reckoning favorite, Chris Mayer, in his essay “Ireland On Sale”. But why is this so? Why are markets always in such a hurry to go somewhere…and to where is it they are so briskly headed? That’s what investors want to know. Well, most of them, anyway. At this very moment in time, the US stock market, as measured by the broad S&P 500 index, sits at multi-year highs. [...] On Borrowed Time appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .