Ben Griffiths, Managing Director and Senior Portfolio manager at Eley Griffiths Group, believes the current rally still has room to run.
From where I'm sitting it seems everyone is seeing bubbles
He notes that the two forces that usually end bull markets are not present threats. Griffiths looks at credit spreads to gauge market risk, stating
Before I swim in stocks, I always look at credit spreads. He argues that if markets were truly at risk of breaking, he would see it in the credit spreads, not in the headlines.
Griffiths' perspective offers a contrarian view to the prevailing caution, suggesting that the market's upward trend may continue.
Author's summary: Ben Griffiths sees room for the rally to continue.