[quote=flu]
people want to believe what they want to believe, especially if they are sitting on the sideline in the opposite direction of the trend…imho…[/quote]
funny, I heard the same comments prior to the last crash! Some of the comments by users and economists here are very reminiscent of 2006 where contrarians were mocked and we know what happened shortly thereafter.
Her style may be unusual and there may be some conjecture but I do agree with the overall sentiment that things are getting very frothy in many markets. Then there are many upcoming wildcards – rising interest rates, a possible recession and incomes that are falling in real terms.
