As I have commented on before, markets are by their basic nature always uncertain, even when the real world can seem so black and white sometimes. And as I have said before, perceived wisdom is rarely correct and as traders and investors we have to learn to be able to reject or ignore the views espoused by even so called experts and the highest achievers. I recall an interview I read with George Soros’ son. I don’t remember the exact wording but what the son said amounted to was that his father could say one thing in the morning and then the exact opposite by lunch time. So opinions can be interesting but never take them at face value. Right now the perceived wisdom is stocks are massively overvalued, for example that according to the Tobin Q method of valuation, which is to look at market caps of stocks versus ......