Replies to post #67732 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

You forget that markets climbs walls of worry, the P/C ratio indicates no concern whatsoever.

Zeev

[cica]

JMKel: Overvaluation, majority bullish sentiment and excessive speculation.

1998-200?

All three must...let's say, enter 'recovery' or nothing will really change. Predicting a 2nd half turn around each year for the rest of the decade and blaming 'geopolitical events' for the failure of the former to materialize is ultimately just prolonging the secular bear market.