Are We There Yet?
by Jim Welsh
Every parent who has ever taken a car trip with small children has been asked this question, “Are we there yet?” Depending on the age of the youngster the question often arrives within 30 minutes from the start of a multi-hour drive if the kid has patience. During the Dog Days of Summer and after a big move higher since the low in March, investors may begin to wonder if the stock market is nearing a peak. Just as I told our daughters during a car trip, I would say “Not yet.” This routine was usually repeated several times before I could announce “We’re here!”
Source: http://econintersect.com/pages/investing/investing.php?post=202008180646
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