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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: John Vosilla who wrote (79040)2/16/2007 2:08:27 PM
From: Tommaso  Read Replies (2) of 110194
 
I have never seen such complete complacency about the markets in what will soon be forty years of investing. There seems to be an assumption that we saw a great bear market back in 2002 or so and that the uptrend that started in 1982 is safely back on track. It may be that the financial press and especially the TV coverage of the markets acts as a tranquilizer. You have an endless supply of confident-sounding people who seem to understand everything.
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