There are no positive fundamentals driving the U.S. stock market. No one has ever gotten rich by chasing markets by buying at the top, which is how this market feels, but it seems everybody feels they cant afford to miss being in the U.S. equity markets.
Investors (and advisors) should be focused on the true facts of the U.S. economy and corporations and tune out the hype and happy talk from the media and Fed heads. Instead investors should focus on the real data. I see five warning signs that the arrival of Spring has brought deterioration in the economic data which tells me U.S. stocks are going to first start to trip and then tumble.
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