The PE ratio of the S&P 500 is attractive.
In case we go into a slow down, corporations are sitting with $2 trillion in cash.
The economy has never gone into recession with a positive yield curve.
The Republicans are expected to gain seats in the coming election which will create gridlock.
The BP oil leak is fixed.
The bear market is expected to commence mid-August.
remember David Dreman author of new contrarion, who champions looking at PE and sorts, later got fired by Deutsche during the credit crunch because he bought too much of AIG thinking its cheap then the cheap got cheaper ...