Bull markets don't announce themselves. They start unexpected when everybody is filled with gloom and worry.... Stocks are now undervalued on the basis of earnings and cash flows .... "Every bull market starts after stocks climb a wall of worry"

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There are conditions for the start of a New Big Bull Market right now : Economic Growth, Liquidity, and Undervalued Stocks

"The housing market is recovering and interest rates remain extremely low. The wall of worry is certainly in place and capable of blocking investors from seeing the road ahead. It also is what keeps valuations from being too high".

"Corporate balance sheets are flush with cash. Among the top 1,500 stocks by market cap, there is $1.5 trillion of mostly idle cash!"

Source :


Shreveport Times
Tommy Williams : Seeing past our wall of worry
July 20, 2012

Tommy Williams : Seeing past our wall of worry



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