It’s easy to find reasons not to act. But if investors haven’t yet jumped in, then they just are not suited for the process.

How much more good news does one need to believe that the business backdrop is excellent for companies and earnings?

Yes, some unpredictable event can come out of the blue, but that is always possible. And if it does, it is more likely an opportunity to buy rather than to sell.

Corporate taxes are headed down, regulation is being streamlined and reduced, the economy is in good shape and likely to get better. Even the Federal Reserve sends positive signals by moving to normalize interest rates. Up to a point, higher interest rates are a benefit to commerce, not the other way around.

For our clients, stay steady my friends. For all others, “if not now; when?”

the Lonely Bull