Bubble Paranoia Setting in as S&P 500 Surge Stirs Angst

[Revmitchell]

Two years of uninterrupted gains in U.S. stocks are sowing anxiety among financial professionals, with three in five saying the market is on the verge of a bubble or already in one, the Bloomberg Global Poll found.

Forty-seven percent of those surveyed said the equity market is close to unsustainable levels while 14 percent already saw a bubble, according to a quarterly poll of 562 investors, analysts and traders who are Bloomberg subscribers. Almost a third of respondents called the market for lower-rated corporate debt overheated and most said stock swings will increase within six months, the July 15-16 poll showed.

http://www.bloomberg.com/news/2014-...-setting-in-as-s-p-500-surge-stirs-angst.html

 

[thisnumbersdisconnected]

Asian and European markets took major hits earlier today. The Malaysian airliner shoot-down and the Israeli invasion of Gaza might be the catalysts that burst the bubble.

 

[InTheLight]

There will be a correction, no doubt. When? Who knows? Except for a small amount of money I speculate with I'm in the market for the long haul.

Let's see what happens in the next month as Q2 earnings are released.