For over a year there has been increasing talks on just how high this market can go.
Sound, fundamental investors are nervous for a good reason – nearly all traditional metrics point to this market being extremely overvalued.
However the market keeps chugging along, why is this?
The reason is because there is no one particular sector to blame. It is not like the dot-com bubble where technology stocks were the main culprit; it is not like the housing crisis where real estate was bubbling and mortgage defaults were popping.
This time, the whole market is overvalued pretty much the same across all sectors. Because there is no perceivable bubble looming, investors are all too comfortable pouring ...Read More