Excerpt from Axios quoting DataTrek’s Nick Colas:

…. “LPL chief investment strategist John Lynch argues that right now investors are optimistic but not overly so.

• “We would expect to see more inflows and optimism before an ultimate market peak could take place,” Lynch wrote in a note to clients.

Yes, but: DataTrek co-founder Nicholas Colas does point out one glaring issue: The bond market isn’t buying it.

• “Our largest worry is the remarkable complacency in long-dated Treasury yields,” Colas said in a note”…

Read the full article here on Axios!