- The Big Picture - http://www.ritholtz.com/blog -

Looking Into 2011, Everyone Is Bullish On Stocks

Posted By Barry Ritholtz On December 22, 2010 @ 3:29 pm In Psychology,Video | Comments Disabled

This is what I was referring to Monday on Fast Money: Too many folks are too bullish…

In the interview, Jim Bianco mentioned that corporate cash levels at nearly $2 trillion is not that far out of line with its historical average; Jim also challenges the argument that bond fund investors holding Treasuries and will be rotating back into stocks.

Lastly the interview noted that Goldman Sachs Asset Management Jim O’Neill’s forecast that stocks could gain 20% in 2011. O’Neill’s call is now nearly a consensus call.

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2010/12/looking-into-2011-everyone-is-bullish-on-stocks/

Copyright © 2008 The Big Picture. All rights reserved.