Is very interesting to notice that majority of bearish opinions come from US, while majority of bullish opinions are overseas.
The main drive for this is the shale oil revolution, which is being minimized in the public channels so US can take a huge leap forward. Meanwhile, EuroFlowers go riot because they think shale is going to poison the Milky Way.
The second drive is that while in Euroland, Russia and LatAm are driving towards a neo-socialism (which means rigid labour, low productivity, subsidies and general misery) US and some Asian countries are still waving the business friendly flag.
As some pointed here, Stock Market is useless. Its pretty disconnected from reality since 2010. But you will live much better the next 10 years in USA than in any euro country, thats a fact. And im under the blue starred flag...
Stock market is a useless barometer because of QE, but I guess at some point it is going to have to reflect ground reality. There will be a bloodbath when the correction occurs.