State of the Markets

Although the S&P 500 is just a couple points off the all-time high set on August 2, there is an awful lot of chatter about stocks heading lower from here. There really isn't much in the way of new justification for the anticipated dance to the downside as the discussions continue to focus...

After the issue of stock market valuations, investor sentiment may be one of the most misunderstood and misused indicators available today. The issue is simple. Nobody thinks they are part of the herd. No one wants to be the "greater fool." Everyone knows that bubbles don't end well. As such,...