I think the bull market if firmly behind us, but the jury is still out if the market will end the year down. (The jury in MY head that is–hey quiet down back there)
It’s funny that the reporting on the current stock market mirrors a little the housing market reporting. We’ve had record bull runs, two, three, four hundred points per day, records shattered almost weekly and the news was as if this was happy but generally expected all along. When it drops a little (and it is still a little) it sounds like a funeral dirge leading us all to selling pencils on the streets.
Main stream news–the proctologist’s view of the world.