Investors should be pessimistic about the rise in stock-market optimism
January 09, 2018 at 10:56 AM EST
One of Warren Buffett’s favorite stock-market truisms is that investors should be “fearful when others are greedy and greedy when others are fearful.” Right now, the investing world looks much closer to the greedy side of the scale, which more and more analysts are citing as a reason for caution.