* 401k holders who did not attempt Market Timing on their own OR with professional help were hurt by the rosy scenarios painted by the supposed experts on the future
** see the Societe Generale warning in late November shown below this first table
November 21, 2018 --
Investors are showing signs of a “complacency bubble” that poses a risk for U.S. stocks, according to Albert Edwards, a global strategist at Societe Generale SA.
In a report last week, Edwards cited figures from a consumer survey by the University of Michigan on the probability of higher share prices during the next year.
Readings for the past four months were among the highest since the data were first collected in 2002.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.