Dec 18, 2016

Stephen Drexler: "the idea that we're in a bubble is crazy"

Everyone is so negative, which is highly positive for share prices.  Bull markets don't end like this.  The idea that we're in a bubble is crazy.  This could turn out to be the longest-running bull market in U.S. history.  [Before it ends], you'll see the average investor embracing the market.

~ Stephen Drexler, senior portfolio manager, Wells Fargo Advisors in Colorado Springs, "Taunting the Bull," Barron's, October 17, 2016

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