The current prosperity in the stock market will continue on into 2015 and beyond. While several Fortune 500 companies have recorded profit missed (they didn't meet expectations) none of the Fortune 500 have recorded any losses. The economy is not growing as fast as expected but it is still growing!
It is my belief that major businesses will suffer from profit losses due to the inability for a good portion of the population to afford their stocks. Less invested stocks will mean less funds to move around and generate profit. Having the stock prices fluctuate allows new investors to buy the company's stocks.
The bottom is eventually going to fall out. It can not sustain a record high for a long period of time. It will always go up and down in profit and losses. What goes up must come down at some point. The economy is so bad they say but record profits something is not right here.
The economy has a long way to go before it fully recovers from the recession and once Wall Street realizes that, we will be back to a bear market. Stock experts have been talking about a pull back in stocks for close to two years now and the bubble just keeps growing. Soon we will see it pop.