When I watch a movie or read a book, I get totally entranced, especially if they're any good. I also get totally entranced as I watch the evolution of the markets, especially the 42-year evolution of my search for the best way to read the pulse of the market. And now, I'm searching for ways to get you as entranced and excited as I am about this stock market and the potential it holds over the coming years. The world is so focused on the disruptions, and rightly they should be, but the stock market is trying its best to convince you that there is an amazing positive evolution going on.
We have now had 704 days in this bull market, and you know as well as I do, that from the very first day, the skeptics have said it couldn't last...and the ones standing on their soap boxes are still spraying that same venom over the airwaves. But at the same time, this is the message coming from our Asset Allocation Matrix.
So, what future headline is the market sending us today? The fall of the Berlin Wall in 1989 started a massive evolution, and with the events that have occured in Egypt over the past few weeks, we have seen another great wall fall. I have no idea what the new Democracy in the Middle East is going to look like, but I do know that it will be determined at its core by Capitalism.
So Ladies and Gentlemen, I believe that the stock market has been measuring this moment since the 1980, and maybe even as long ago as 1974. I think that the last decade has been nothing more than an evolution as the world prepared for the upcoming exciting decade. Always listen to the message of the stock market, the world's best barometer, to measure tomorrow's headlines today.
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