Interesting read...funny how everyone is a 'bull' all of a sudden.
I think the japanese market has seen that type of significant growth strictly due to the devaluation of its currency....on a similar note, the US markets are essentially seeing an influx of 'free' money from the big banks/funds into the markets...on that point I agree with Roubinis that is could continue until interest rates rise...but at a certain point it could severly impact the general population (recession, etc.)
Thoughts?