The stock market is maybe half or two-thirds of the way through a secular bull move beginning in 1974. But the current cyclical bull market is no longer so healthy. Mutual fund mania continues - factoring in the May ICI statistics over the last twelve months, net cash flow into equity oriented mutual funds is now up 10.8% of assets, equaling the previous high-water marks of 1955-1957.
Jul
07
1983