Waiting For Stock Market Godot

Stock investors are like Vladimir and Estragon waiting under the tree for Godot. But, instead of two days, stock investors have been waiting for nearly eight years now. Day after day, year after year, they keep waiting and hearing from little boy analysts about how the “great rotation” out of bonds and into stocks may not happen today but surely will happen tomorrow. Yet, outside of the Pozzo and Lucky like distractions, such as the daily rise of S&P 500 Index beyond any reasonable explanation on many trading days, the “great rotation” of money flowing out of bonds and into stocks never actually takes place. Are stock investors today merely players in the capital markets theater of the absurd?

Please click on the link to read more on Seeking Alpha

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: