Drving analogy for stocks- dangerous

Biderman chief executive of TrimTabs puts it more simply: "People invest with their eyes on the rear view mirror, their hands on the steering wheel, their foot on the gas," he says. "And they wonder why they have major crashes every few years." from Daily Finance.

We are still looking behind us at the credit crisis and not ahead based on the current policies followed. The Fed has signalled that rates will be low, money will be loose, and they are not going to try to adjust to asset bubbles that they cannot identify clearly. Buy stocks. There are reasons not to hold stocks but it is not associated with government policy on the Fed side or on the fiscal side. This applies to most of the other countries of the world who have all followed a similar Keynesian path.