In the recent past, the world’s economy has seen crisis after severe crisis. Yet, investors and money managers are “bullish” and anticipate economic growth with only minor pull backs – a healthy sign for a bull market.

Already in 2011, we have witnessed riots and revolts in the Middle East and North Africa, a war-like situation in Libya and devastating earthquakes and tsunamis in Japan. Through it all, world markets have largely held steady.

So is all this too much of a strain for global markets, or can they absorb these shocks and continue higher?

I wish I had a crystal ball… but, alas, I don’t.

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