Your default view on stocks should be bullish, especially today given a) World stock index is priced to deliver a >5% earnings yield over next year while bonds are yielding almost zero. Stocks can double and still be attractive relative to bonds b) Japan (and the World-ex US index) is forming a 3yr base It should take a lot of evidence to turn bearish - not a couple down days, or some fancy indicator you saw some guru post $QQQ $VT
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