It doesn't look like the smartest are buying stocks now.
Not if but when.
A quite reliable indicator is the amount good news out there.
The bigger, the closer that "when".
What is the amount good news lately?
This year so far, quite some increase here in my EU region.
Based on comparisons with a couple past same stories, I'd say the next crisis is for september / october.
After the flowers bees and sunshine vacations.
A next question could be where in the world its "center of gravity" (just the start, in the end the central planning linked it all together along its money shifting) will be.
Taking into account the monetary planning technique wherein currencies are kept within certain bands (snake in the tunnel), it will probably be in the US.
Dollar in its upper floating range.
Euro in its lower floating range.
Reversal time.
Buy euro's.
Sell dollars.
A remaining question then is what the trigger (read: excuse) will be this time.
Because usually some event serves as such.
In the late nineties there was the millennium fear. The CBGA gentlemen agreement. NY's WTC hit by planes and subsequent collapses.
The world didn't end then and won't end now.
Just that it makes some people making wrong decisions (read: lose money).
And that's the very purpose.
Use some peoples savings to buy houses holidays and whatever.
Scare them into willingness to pay whatever for whatever, after whatevers price was driven up.
Just another repeat after rinse.
