Wall Street worried by the lack of worry

Some investors are acting as if the market will never go down again

The stock market is sizzling. Companies are touting the bonuses they are giving thanks to lower taxes. And consumers are spending with gusto.
But some experts are worried that a sense of invincibility is starting to creep in among investors. Some are acting as if the market will never go down again.
“Investors are starting to feel a little too overconfident for my liking,” Jamie Cox, managing partner for Harris Financial Group, said in a recent report. “There is a clearly a confidence I haven’t seen in 10 years.”
http://money.cnn.com/ … Tue., 09  January 2018

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