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DownWithPumpers

09/20/14 12:37 PM

#19008 RE: gdl #19004

Emotional euphoria is not a sign of renewed bullish moves.

The post you're responding to had nothing to do with emotions. It had nothing to do with the short-term.

There's really no history of the stock market having a meaningful decline when GDP is rising and corporate profits are rising faster than stock prices.

I don't know why you believe corporations are turning pessimistic on their future prospects. Many many surveys/articles say the opposite:
With this optimistic outlook, 78 percent of CEOs said they intend to hire, with the majority planning to grow between 6 and 25 percent. The current strategy for many CEOs is to focus on organic growth, but in the future, more said they would look at a split between organic growth and acquisitions.

www.bizjournals.com/kansascity/news/2014/07/30/ceo-survey-cautiously-optimistic-about-growth.html