"You try to be greedy when others are fearful, and fearful when others are greedy." Warren Buffett

Bullish Market View

I’m bullish on the market for now.

Average PE’s are uber-low and the market has been generoulsy “peppered” with the negative sentiment and fallout expectations for months now. I think the skepticism is “built-in” into current prices, most of them anyway.

This may even explain why there were almost no serious on the way: the rise has been moderated by all the negative news that came in gradually. Not an overnight realization.

Inflation is a bit of an issue, of course…

 


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