Stock Market Expectations Getting Ahead of Economic Realities: Bob Elliott, Unlimited

Stock markets are pricing in a lot of optimism. Just how unrealistic is that? (1:19);

What is there to indicate the economy could slow this year or even next? (4:34);

A recession may be years away rather than months under current conditions. But conditions, as we know, can change quickly... (8:58);

There is a precedence to interest rates going up dramatically without it causing an immediate and dramatic entrenchment in economic growth (11:52);

Tech stocks might be overvalued but comparisons to the dot-com bubble are unfair and inaccurate -- and may preclude a spectacular bust (16:10);

Today's economic expansion is income-driven. Not a result of credit expansion (18:13);

What kinds of indicators should investors study to spot a slowdown in this particular type of economic activity? (30:45);

Regional banks are for the most part fairly priced at present... (35:50).