A 'Justifiable' Time to Be More Exposed Than Normal to Equities [View article]
You state that "..A consensus view of the economy has clearly been formed and investors would be wise not to fall victim to the prevailing herd mentality..".
But you don't tell us what is the prevailing herd mentality. My readings since the Santa Obama rally are that the herd is saying this is just another mild recession, the lows are behind us, and the market will soon skyrocket.
I agree that wise investors need not fall victim to the herd.
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You state that "..A consensus view of the economy has clearly been formed and investors would be wise not to fall victim to the prevailing herd mentality..".
Jan 07 14:59 pm
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All Comments by prudentinvestor »A 'Justifiable' Time to Be More Exposed Than Normal to Equities [View article]
But you don't tell us what is the prevailing herd mentality. My readings since the Santa Obama rally are that the herd is saying this is just another mild recession, the lows are behind us, and the market will soon skyrocket.
I agree that wise investors need not fall victim to the herd.