Someone brought it to our attention yesterday.
:p
I’ve been watching the DOW trends over the last two years and I’ve been astounded at how the market does NOT reflect reality. From what I’ve seen, the market is an eternal optimist. It takes a LOT for it to start dropping. I believe that the only reason that it’s stayed this high for this long is that most trades are controlled by computers and not people.
I predict that it’ll eventually make a correction soon. If it’s overvalued by 20%, it’ll correct by twice that much, then rebound to a more realistic number. It’s overvalued and people can only be fooled for so long. There will be no “winners and losers” over the next two years - only losers. At some point, the computer programmers will make that realization.