(1) Fully invested bears worrying about too many bulls. (2) A red flag signaling that the bull will be gored? (3) Bull makes front page of NYT. (4) The fourth phase of the bull: Exuberance. (5) Worrying about missing a melt-up. (6) Corporate cash flows, not investor flows, driving bull up to now. (7) S&P 500 tracking buybacks plus dividends. (8) Retail investors may be ready to join the party.
End of free preview
Ed's complete analysis, every chart linked, and the archive back to 2009.
Individual investor? Ed's QuickTakes are available for personal use at yardeniquicktakes.com →