OVERCONFIDENCE

Market hits new all-time high. Alibaba IPO is a can’t miss. The new iPhone 6 will change the world. Jobs are plentiful. Home prices are rising. Household net worth is at a new all-time high. Grandma Yellen has firm control over the economy and our financial markets. The vaunted American military are going to defeat those dastardly ISIS terrorists in Iraq and Syria. The shale oil boom is going to make us energy independent. The world is our oyster. What could possibly go wrong?