There is only one question on investors’ minds today — how long will the bull market continue? While the answer is unknowable, I suspect that the market is not yet done torturing the bears. Stocks may not keep rising as forcefully as they did in January, but the forces pushing stocks higher are formidable and undeniable. Second, these structural forces and pro-business policies in D.C. are pushing bullish sentiment to extremes. When cryptocurrencies claim market caps of hundreds of billions of dollars based on valuation arguments that would embarrass Mary Meeker or Henry Blodget, rational thinking is a handicap.

Source: Forbes February 07, 2018 18:33 UTC