Tuesday, July 16, 2013

Stock market risk

I think the stock market in the US has risen from 666 on the S&P to now over 1600. I don't think there is much upside potential, and has a considerable downside risks. It could be that all the money in the world flows into US stocks and avoids emerging markets as in the case it is right now with the money flowing into the US but I wouldn't bet on it.