Arguments : 1) Central banks around the world raising rates 2) Volatility Index at its lows 3) Raising risk appetite from investors with extended cash reserves 4) Excessive Mergers and Acquisitions/LBO/Private Equity activity 5) Risk premiums at their lows 6) Inverted yield curves Welcome to the discussion !
you're right on the money but we don't know wether it happens now or 3-6 months with dow 1000-1500 pts higher. its impossible to predict it
Well, there is one close-to-the-market instrument that you have to wtach out for : Look for the risk premiums in the credit default markets to raise. By then, you should know that the rally is over !