Economy

Demeter

(85,373 posts)

20. Where are the sceptics about the booming stock market?

Thu Nov 28, 2013, 02:43 PM

Nov 2013

http://www.theguardian.com/money/2013/nov/27/where-are-the-skeptics-about-the-booming-stock-market?CMP=ema_565

...

The bulls and bears of the stock market are locked in a battle right now. This looks likely to go down in history the single best year for U.S. stock market investors since 1997. It seems that anyone with money in the stock market nationwide would want to stock up on cases of champagne and crates of luridly colored streamers to celebrate.

Careful now. When a bull is stampeding, you don’t want to get in its way. (Just ask any of the dozens who end up trampled each year in places like Pamplona.)

Running with a bull can give you a great adrenaline charge, but a second’s misjudgment can leave you impaled on its horns and with a portfolio that shows the damage.

That might be one reason why we’ve seen some big investors who, until now, have criticized the market as frothy suddenly make sharp turnarounds and embrace the rising stock market...

THE BEARS ARE INVESTING! THE BEARS ARE INVESTING!

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