What's very tough about looking at the Asian situation is that there are very deep rooted problems in a number of those countries: very high debt, currency problems, economic problems. It may take a while for these to play out.
I knew that in the past that these financial panics had often triggered far worse consequences. I was actually less concerned about the market than the potential for collapse of the world financial system.
We are at a moment here in economic time that things are really going remarkably well on virtually all fronts and that's why you see the market at all-time highs.
I think the market will definitely be focusing on earnings.
Government bonds many investors like because they are the 100 percent safe investment. You never call an investment guaranteed, but if the U.S. government doesn't pay off its bonds, that's gonna be the least of our worries.
One thing that we have seen in the market over the last few years is a tendency for movement to be condensed in very short time frames.
They have every reason to be optimistic, in that the market has delivered incredibly in the last three years.
It reflects a realism that women are going to have to take more responsibility. It also said to us, we want to educate women, and work with them on long-term planning.
The mix really looks good, and what is incredible is that each piece of evidence that gets added to the mix confirms that we are in the best of all possible worlds for stocks, ... But you have to ask, 'Can this go on forever?'
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