it seems to me the market has become overly confident and optimistic. Todays headline says "Consumer confidence soars in April". We are now hearing on the front pages that the housing market has hit bottom, stocks have favorable valuations and the bottom is in. This leaves me thinking we will see a break to the downside soon.
it seems to me the market has become overly confident and optimistic. Todays headline says "Consumer confidence soars in April". We are now hearing on the front pages that the housing market has hit bottom, stocks have favorable valuations and the bottom is in. This leaves me thinking we will see a break to the downside soon.
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