[kbos87]

I'm heartened to see the comments here because they seem to support what I've slowly been realizing, which is that nobody knows what will happen next. There will always be a steady stream of people telling you both that the sky is falling and that we're on the upswing. As far as we can detect there's a near equal probability of either being true. Writers have their own biases and economic homeostasis is dependent on both extreme perspectives coexisting.

[seanmcdirmid]

Markets try to be efficient, but can only represent’s today knowledge. If more than a few had a solid idea that it would go up or down, it would have already been there.

[nine_k]

Since the situation cannot be described by a scalar, "the sky is falling" and "we're on the upswing" can be correct at the same time, just about different parts of the market.

[mysecretaccount]

Of course it can, the article is referring to the S&P 500.

[ovulator]

I'm here to tell you the hard truth, that the stock market will remain absolutely static for the foreseeable future, stocks are going to the troposphere!