“Sentiment is Frothy”

“Sentiment is Frothy.”

Is that all you got?

“This will end badly.” 

Okay, sure, probably, maybe. But what else?

“Valuations are much higher than they were a year ago.”

Yup. That’s true. So?

Because you could have said “Sentiment is frothy” in the spring of last year after the market had run up 12% into April.

And you could have said “This will end badly” on the heels of QE2 being announced in the summer of 2010. We’re up 100 percent since then and its been more than three years – are we giving that all back? Is that what you meant by “end badly”? Doesn’t every bull market eventually end badly? Can you think one that ended congenially? Is that a reason not to participate in investing for the future? Did you avoid dating because of the risk of heartbreak or a thrown shoe?

And as far as valuations being richer than they were last year…well, you could have said the same in 1984 or 1994 or January of 2012 or 1946. I’m not quite sure how a statement like that can be of any importance other than for the sake of conversation.

 

 

What's been said:

Discussions found on the web
  1. best replica rolex commented on Sep 18

    … [Trackback]

    […] Find More here to that Topic: thereformedbroker.com/2013/10/21/sentiment-is-frothy/ […]

  2. eatverts.com commented on Sep 21

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2013/10/21/sentiment-is-frothy/ […]

  3. immediate edge reviews commented on Oct 01

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2013/10/21/sentiment-is-frothy/ […]

  4. Harold Jahn Edmonton commented on Nov 27

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2013/10/21/sentiment-is-frothy/ […]

  5. 어른아이닷컴 commented on Nov 29

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2013/10/21/sentiment-is-frothy/ […]

  6. how long does speed last commented on Dec 07

    … [Trackback]

    […] Here you can find 58089 more Information to that Topic: thereformedbroker.com/2013/10/21/sentiment-is-frothy/ […]

  7. google one hotel discounts commented on Dec 15

    … [Trackback]

    […] Find More on to that Topic: thereformedbroker.com/2013/10/21/sentiment-is-frothy/ […]

  8. DevOps commented on Dec 16

    … [Trackback]

    […] There you can find 92000 additional Info on that Topic: thereformedbroker.com/2013/10/21/sentiment-is-frothy/ […]

  9. td online banking canada commented on Dec 20

    … [Trackback]

    […] Here you can find 62123 more Info to that Topic: thereformedbroker.com/2013/10/21/sentiment-is-frothy/ […]

Read this next.