- There’s nothing to worry about. Everything looks exactly the same as it did in July 2007 when no one was worried because the S&P 500 was breaking new highs.
- Even the statements from the FED’s 2007 chair and the chair of it today look alike.
- This doesn’t mean there will be a crisis in 2018, but it sure means you have to be prepared for anything.
Last week I published an article describing how strong the trend is that is pushing the S&P 500 higher. There is plenty of liquidity, corporations are doing big buybacks, and most investors are putting their money into passively managed investment vehicles. More →