Paul, I still think we'll have recession, and by years end reality will set in. But, in the short term, people are convinced that by years end everything will be fine. I'm starting to get more bullish for the short term. Without much inflation, Greenie can just keep on cutting, the money will flow, IMO. I would like to see a pullback to about 1950, but not sure we'll get it. It seems at this point, almost nothing can take this market down, too much liquidity in the system, IMO.
I still think traders will win, and investors will lose over the next couple of years. |
