Bear, bear, everywhere a bearThe talking heads are getting ridiculous.
[url=https://www.bloomberg.com/news/2014-07-09/why-ubs-says-brazil-s-7-1-trouncing-is-bearish-for-stocks.html ]Now, even the Germany's win at the World Cup yesterday are viewed by some as bearish for markets. [/url]
So the markets are up almost continuously over the past five years. Big deal. Everyone seems to forget they got trounced by almost 50% in 2007-2008 and that the economy has been on the mend ever since and still is.
Analysts have been revising everything in sight down lately and Alcoa beat estimates by 50% yesterday.
It all sounds rather bullish to me.