Lord Bell, page-10

I would say that the chances of a pandemic is one in a hundred years …chances of a crash with a pandemic very high ..happened…chances of an overvalued Market from heavy fed and other governments generating lots of money supply very High ..chance of more pumping ..higher prices and higher interest rates very high ..chances of fed and other countries waiting too long to raise interest rates very high …so why a crash ..simply the interest rates rising creates a different relative value of bonds to stock..and high house prices and rising credit from banks all adds up to short term higher interest rates…when a crash ..any time from tomorrow to when??!!!…and that’s the million dollar question ..how long can we ride the crazy horse..or do we sit it out!!?? My call is to sit it out believing the wait will be well worth while….because the correction ..when it comes will be very bad!!!..but you can play on the Freeway if you want!!!
Because that is where we are at in stock market valuations !!!