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Does the stock market suggest a need for greater diversification into metals?

*CNBC, by Jeff Cox, March 1, 2017

‘Pure exuberance’:

”Investor sentiment hasn’t been this high since two bubbles ago.

Forget the dot-com boom with its ”irrational exuberance” and the real estate bubble that was supposed to be invincible: Current market sentiment eclipses all of that.

In fact, bullishness has never been this high going all the way back to 1987.

That’s through three rousing bull markets, a couple of crashes, the ”Great Moderation” of the 1990s and all sorts of history-making events. A market that was supposed to flounder this year under a new president instead has taken off, and investors are pumped.

Bullishness is at 63.1 percent of market professionals responding to the latest Investors Intelligence survey. That’s the highest level since the year of the infamous ”Black Monday” Oct. 19, 1987, crash that sent the U.S. Market down nearly 23 percent in one day.

All the optimism comes with the market setting a succession of new highs, including trading Wednesday that oushed major averages up more than 1 percent across the board.”


*This information is solely a highlight of the opinion of a third-party publication and is incomplete.  Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

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