CONSUMED BY A RALLY

摘要

We're now more than six years into this bull market rebound from the financial crisis, and the S&P 500 doesn't seem to be in a hurry to relinquish its place around all-time highs. This is in the face of tepid corporate earnings in the last quarter, a strong dollar affecting our ability to export goods and the all but certain upcoming rate hike. Good econometrics like pending home sales and unemployment figures continue to support the rally and keep reminding us that the U.S. economy is a far safer bet than most other options. Not exactly solid footing, and with each passing month the question still remains, "When will this market run out of steam?" It may be near.