Everyone seems to be bullish on the stock market right now. Here’s what could go wrong
CNBC - Americans awoke Friday to the prospect of war with Iraq, a spike in oil prices, and a dip in the Dow Jones Industrial Average – a jarring interruption to the euphoria that had overtaken the stock market over the holidays.
“A violent escalation of hostilities between the U.S. is nearly certain in the coming days, a game changer that will obscure everything else,” declared Greg Valliere, chief U.S. policy strategist at AGF Investments. “There’s a reason, finally for caution in the stock market.”