THE MOST POPULAR TERM ON WALL STREET
Last year Wall Street was overly conservative with what The Wall Street Journal referred to as their "pathetically wrong" 2017 stock market forecasts. This year the conversation has come full circle, with countless calls for a late-stage bull market 'melt-up'.
DO THE FACTS ALIGN WITH THE STORY?
Since a 'melt-up' implies a certain degree of irrational behavior that could be followed by a harsh bear-market lesson, it is prudent to see what present-day and historical facts have to say about the seemingly logical melt-up theory. This week's video presents charts in an objective and unbiased manner, allowing you to draw your own melt-up conclusions.