FYI: After 15 years the Nasdaq Composite Index has returned to its dot-com-era record, just as the bull market is looking tired.
Many money managers warn that U.S. stocks are overdue for a pullback. They are shifting money to stocks in Europe, Japan and even developing countries.
Yet some who correctly foresaw the 2000-2002 meltdown say U.S. stocks are less risky today. Their reasoning: Although stock prices are high, interest rates and inflation haven’t gotten to the levels that killed bull markets in the past.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2015/04/26/why-this-old-bull-market-may-not-be-ready-to-die/tab/print/
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Enjoy the money....