There is a lot of skepticism among investors about the years long bull market in stocks. Questions continually arise about valuation (the market is too expensive,) monetary policy (the market is living on cheap money,) and the huge imbalances in the economy (the market doesn’t reflect the fragility of the U.S.)
But the fact that so many are airing their worries and anxieties about the market tells other people that there is still some more to go. Sam Stovall, U.S. equity strategist at S&P Global Market Intelligence, explains his thoughts on why negative sentiment about stocks is actually bullish in this video.