My only concern is that we haven’t yet had the reckoning over Quantitative Easing. The current exuberance is not irrational, but it’s still sitting on top of Obama’s hollow bubble.
True enough, but there is value in the market. For the most part companies have been beating their projections handily.
Even after all the rise, the stocks were still healthy. Value was still there.
This will turn around, and many more shares will be purchased. The DJIA could easily hit 30,000 under Trump.