Stock Market Stability – The Calm Before… Sunny Days
The “it’s quiet – too quiet” crowd warns that the market’s calmness is a setup for unwary investors. We’re told that, with too-high values (they’re not) and biotech/tech bubbles bursting (they’re neither bubbles nor bursting), it’s only a matter of time before the stock market cracks. The fundamental outlook that supports this view? Non-existent. Rather, it’s just worrying that when stocks go up, they necessarily must go down. History disproves this notion, and today is no exception.
This article is published on Forbes.com