Markets go up and down as we all know. And you can’t be always sitting there and say oh stocks always go up, real estate always goes up and so forth and so on. You could have zero interest rates and stocks go down as they’ve done in Japan until three years ago. So, even at these very low interest rates, something can happen that could dampen the enthusiasm of equities and I’m just a believer that the U.S. equities are now fully priced.
Now can the indices make a new highs ? Possible.... Even if the indices make new highs, I would I would think the majority of shares will not make new highs.