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I just checked a 100year chart. After a pretty sharp rise in around 1994, the market has been pretty stable at a bit above 10,000. The recession brought it down a little. This current run-up to over 15,000 is really too steep to be sustainable, and it probably would've plunged already if it weren't artificially propped up by low interest rates on savings. Add to that a lot of corporations are making pretty good profits....at least partly by keeping labor costs down.

So sure, there has to be a correction when the ptb decide to do their profit-taking thing again, when they're convinced the little folk have their money back in as much as they will.

I've still got a little money in stocks, in pretty good small companies that didn't reach their potential because of the recession. I can't decide whether to sell them or to hold on, hoping someone buys them out.

This current run-up to over 15,000 is really too steep to be sustainable, and it probably would've plunged already if it weren't artificially propped up by low interest rates on savings.

That's it right there.

The S&P 500 dividend yield is more than 2%. A one-year CD is paying less than half of that. And savings accounts are paying essentially nothing.

IMHO, absent some sort of shock to the system (war, etc.), the stock market will continue to do well...up to when rates start to rise. Then look out below.

Of course, that event might be some time away. The Fed has a lot of incentive to keep rates low and the party going.

By the way, I'm not saying that everyone should jump in now. The easy money has already been made. What I am aluding to is that old saying: "When rates are low, stocks will grow. When rates are high, stocks will die."