Larry mentioned the Feb. low in the S&P. That’s the same point of concern for James Flannigan who says the market is problematic if that low is taken out. Otherwise, he’s touting the 60 year cycle and points to the possibility of another 8-9 year bull market………..I believe that is very hard for the average investor to grasp after the run US markets have had in the past 9 years. Your guest exhibits that same dis-belief and it’s difficult to disagree with him. If one thinks of just two factors: debt and low interest rates it’s impossible to believe they can continue in their given directions forever. If not, change brings the explosions, particularly a rise in rates. JMO

I personally agree with Larry, Siilverdollar.