I’m not writing this to convince or prove a case to readers, but experience and instinct tells me equity markets are still going to higher.
That’s not such a bold prediction in light of the fact that the general price of listed equities have risen for over a century, but in the window of the past and next 5 years, my view is that we haven’t seen the end of the advance which commenced in March 2009.
We are seeing lower capital inflows to equities, lower overall volume and low retail investor participation. Media commentators are screaming “crash” louder and cite many “problems” which includes trying to identify “bubbles”.
and yet many market indices are hitting new highs.