Dear all Dow surged past 26,000 overnight and Hang Seng closed at a record 32,122 today. Is the BIG Bull coming?   For this write-up, I will focus on the U.S. market Based on Bloomberg, Grantham, the chief investment strategist for GMO wrote on 3 Jan 2018 that the U.S. stock market may be approaching a melt up or blow off phase. A melt up phase refers to a sharp increase in the share prices driven by sentiment or the fear of losing out. Are we in the blow off phase? To be frank, I am not sure. However, here […]