Money Angles Miracle on Wall Street!

It's beginning to look as if the stock market is at record highs for good reason. Uh-oh. Perversely, the market tends to perform best when people are scared and worst when things are finally beginning to look rosy. But consider the temptations:

The cold war is over, and we are the world's only superpower.

It no longer looks as if we will all be working for the Japanese.

Peace is breaking out in the Middle East.

Oil prices are low.

South Africa's black and white leaders have jointly won the Nobel Peace Prize. (And those South African bonds I suggested here...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!