Is the Bull Market Facing Its Last Innings?

Doug Ramsey, CIO of Leuthold Group, discusses the current bull market, highlighting high valuations and potential risks. Despite concerns, the market shows strong participation across indices, with few warning signs of a downturn. Ramsey emphasizes short-term speculative appeal over long-term investment potential, supported by strong economic data and forecasts. He suggests that while setbacks are possible, a final bull market high is unlikely soon.

What is Doug Ramsey's view on the current state of the bull market?

• He thinks it is fairly valued.

• He believes it is undervalued.

• He sees it as the most overvalued market of all time.

• He considers it the second most overvalued market of all time.

According to Doug Ramsey, what is the reason for remaining bullish despite high valuations?

• The underperformance of utilities and REITs.

• The presence of early warning signs.

• The uniform strength across various indices and sectors.

• The lack of participation from small caps.

What is Doug Ramsey's short-term market forecasting horizon?

• 1 to 2 years

• 6 to 12 months

• 3 to 6 months

• 1 to 2 months

What factors does Doug Ramsey believe could sustain the market rally?

• Weak economic data and low earnings.

• High inflation and declining retail sales.

• Strong economic data and potential fiscal stimulus.

• Decreasing GDP growth and poor earnings.

When does Doug Ramsey predict a potential interest rate change might occur?

• June

• May

• April

• March