I think it is....but not for retail investors, they're scared and running. Its a bull market imo for the smart money, buying low what the sheep are selling low.

Ironic isn't it? The US Fed just hiked interest rates....something they only do when they're forecasting the US (and world's biggest) economy to grow. Oil is incredibly cheap right now, which means reduced transporation costs for both business and consumers.

So why are sheep scared? Well...the equity markets are tanking, taking portfolio values down with it. That's why so many are scared and selling. Manipulation? Yes....I do think so. Its the inverse of what happens at times when the markets are peaking....the herd is excited, the outlooks are rosy.

Pick up a paper now though and the Biz section is likely to have an article or two on the "slowing" Chinese economy. Sounds bad doesn't it? Slowing is not a bullish word. But is the Chinese economy shrinking? Uhm, no....not even close. It is currently forecast to grow in 2016 by about 6%. Imagine if the US economy achieved growth of 6%....whoever was President at the time could declare her or himself monarch.

The reason the professional pundits are saying "slowing" with respect to the Chinese economy is that it has been growing at 8% or more for several years.....In other words its like a car traveling on the highway at 100 miles per hour, "slowing down" to 80 mph. Its still going over the speed limit, but it is slowing.