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When he wakes up from his sleep and when he falls asleep in the gloomy morning and the joyful evening, he repeats, raving: No, there is no time left, there is no time for death, he sniffs the trail on the threshold as a wolf sniffs his urine in a moment of fury in the circle he drew for departure. There is no time for the phrase to shiver from the cliff of his being, falling from the trees of the deep unconscious, blocking the horizons and roads for him, and sometimes raining on the body of a woman who illuminates the end of the dark tunnels.



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When he wakes up from his sleep and when he falls asleep in the gloomy morning and the joyful evening, he repeats, raving: No, there is no time left, there is no time for death, he sniffs the trail on the threshold as a wolf sniffs his urine in a moment of fury in the circle he drew for departure. There is no time for the phrase to shiver from the cliff of his being, falling from the trees of the deep unconscious, blocking the horizons and roads for him, and sometimes raining on the body of a woman who illuminates the end of the dark tunnels.

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Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.

That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.

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