Negativity and fear in beltway, surging new record highs, with dow hovering near 29,000, it closed up 211. And nasdaq breaking through 9200 barrier for the first time, this is bulls and bears, thank you for joining us, i am david asman, today jonathan he hoenig. And gary kaltbaum. There no better combination than massive liquidity, a ton of cash on the side line, an economy that is growing and earning that are starting to reaccelerate. Bull markets feed on themselve as greed picks up, let me tell you, i am a big believer not in the dow but in nasdaq and technology. It is en few ego en fuego. I believe it has been a while since we had pullbacks. The more that continues up and up the more likely there will be a period of time, it could be 4 or 3 days where you have a sharp selloff based on something. Other factor, gary knows, that when you have Interest Rates below 2 and a lot of cash looking for returns equity look treve, yield on s p 500 alone. Dividend is above yield on 10year treasur
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