New bull market straight up from here?
Cyclical bull inside a secular bear market?
My view is we are probably going to continue to see the market go higher as the sheep pile in. This is not a bull market but instead people climbing on board to get a piece of the action. Many are buying with a mind to dump as soon as the market turns down far enough to get the train rolling. I also think people are far to bullish to soon and we should at least see a good hard correction to shake them up before a bull cycle can start.
The market also doesn't appear cheap enough and dividends high enough to start a new powerful lasting bull market.
Cyclical bull inside a secular bear market?
My view is we are probably going to continue to see the market go higher as the sheep pile in. This is not a bull market but instead people climbing on board to get a piece of the action. Many are buying with a mind to dump as soon as the market turns down far enough to get the train rolling. I also think people are far to bullish to soon and we should at least see a good hard correction to shake them up before a bull cycle can start.
The market also doesn't appear cheap enough and dividends high enough to start a new powerful lasting bull market.