Remember This?

(click on this chart to enlarge)

I remember showing this Fear, Hope and Greed chart around a fair bit back in 2008-2009 as I tried to talk clients and prospective clients into being patient with the cycle.

I spent a great deal of 2014 on the equity sidelines with "new cash" because I did not see value in many equity markets.

However, is it different this time?

Sorry about all the "geeky" charts, but pictures are worth 1000 words!