Laszlo Birinyi: I do not see an end to the current bullish market

The investment legend, Laszlo Birinyi, who has correctly predicted the bullish market over the last eight years, at any moment, does not see what will prevent stocks from continuing to rise.
He believes that the bearish investors ignore the large amount of free funds that go to the market and will likely continue to support the growth of the indices.
Birini rightly predicted mid-year that the broad US S&P 500 will reach 2 500 points. We can only recall that the index ended only 5 points from the level at the end of last week.
Instead of looking at the high financial estimates of the companies, cited by many experts, as potential reasons for a stock price correction, Birinyi directs its attention to the massive market-driven cash flow. According to him, this will be the factor that will continue to support the markets.