Although markets are a bit hot and could cool a little in the next couple of weeks, I am bullish into the first month or two of next year. Driven by low rates, increased optimism, improving economic conditions. From the first few months of next year I think markets will have a wobble as the recent rally starts to feel stretched, we enter reporting season (where companies need to deliver) and tapering takes center stage. That cooling off should signify a significant low as the XJO moves to all new highs within 2 years from now and continues to grind higher till about 2018. That could all completely change of course which is why we find investing in the markets so exciting!
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