There should be a short term correction in the near future but in no way shape of form do I see another market crash in the near term. The risks in the junk bond issuance and credit quality are no where close to what we had in 07/08 and the underlying fundamentals of the economy, the credit worthiness are strong. The structural integrity of the markets are also strong. A few companies are overvalued, agreed but considering the facts that companies who were hording cash for years and now trying to open up their coffers tells me that there is more growth to be had in future. There might as well be bubbles forming, but as we all know, it takes few years for them to burst. So, enjoy while it lasts and try not be the last one holding the "hot potato".