Current Market Conditions Remain Bullish

by: J.D. Steinhilber

The latest up-leg in this bull market in stocks, which is now in its 39th month, began in late October, when it became clear that growth in the economy and corporate profits was once again defying predictions of a slowdown. After an uncharacteristically lackluster December, which allowed the market to relieve an excess of bullishness and an overbought condition resulting from November