From NakedShorts

“I can say with considerable certainty that the volatile years of boom and bust are now relegated to the past,” Lakshmi N. Mittal [chairman of ArcelorMittal] told the Steel Success Strategies XXIII conference in New York...“We have succeeded in transforming ourselves into a profitable and sustainable industry.”

Kinda sounds like

Stock prices have reached what looks like a permanently high plateau.

Irving Fisher.