I still do and if you want to know why, the answer is Quantitative Easing and the global mess of bail outs. Money has been pushed into the system by many countries around the world through a variety of means. This money has had not practical use in producing goods and services due to low demand.
Instead it has pushed up asset prices, virtually all of them. Everything is up, Gold should be down as the threat of collapse recedes and demand for gold collapses, but it is not. Oil is up again to what only very recently was considered a very high price indeed. Shares across the world market have made spectacular gains.
This is where all the new debt has gone, so if you were not invested you have missed it. All this has contributed to a better zeitgeist in August than many would have thought back in March.
However the real economy of the world is still in recession, albeit not the depressionary conditions of a few months ago. There is huge potential for a price unwind across all asset classes. The only thing to be in at that time are US Dollars as it will fly as a safe haven asset along with Yen.
Even if the unwind turns out to be mild, the effect of Government curbing their lending and re-selling their QE books to the market will depress growth for sometime. The UK is particularly badly placed here. it is going to be a boring and hard-working decade to 2020.