I couldn't help but think of Trump and his superlatives. Lots of people joke when he says something is "the best" or "the greatest it's ever been". Trump does t

I couldn't help but think of Trump and his superlatives. Lots of people joke when he says something is "the best" or "the greatest it's ever been". Trump does this quite a bit with respect to the economy and the markets. The engineer in me takes things at face value: measured, empirical and framed in the right context. But I can understand the salesman approach to selling: you need to promote your product as the best. This is especially true for the markets where valuations are pretty much "maxed out" and at all time highs. So the market runs on optimism and future expectations. The market will go up because I say it will go up! Nothing wrong with that perspective IMHO - insofar as talking about the markets.