Oh, that after September US markets will get queasy about an interest rate rise and hang off every FOMC meeting until rates do rise.
Thereafter inflation should ultimately push the markets into orbit. But let's not forget black swans and elephants.
Geopolitical events are/will put pressure on PM valuations as will the realization that there's ~$15 trillion of Central Bank stimulus sloshing around the financial markets.
There is an underlying caveat: technology is/will bring great benefits but also unknown risks eg. genetic manipulation. So perhaps we are going through a period whereby present economic practices are in their death throws and a new accommodative laws are forming.
Markets cannot go up forever. Maybe the next five years will see an exponential burst of markets but this euphoria will bust and just like the fall of communism, after this melt down there will be a change in world order.
