Interesting article, thanks for sharing.
IMO, on stuff like this: Everything's cyclical. People were suspicious of stocks after the 2000 crash, yet we had no problem roaring back by 2007. Now we're at all time highs again after the 2008-2009 recession once again.
Best to have a happy medium: ignore the hype on the positive side, but also don't be scared off on the negative side. Slow and steady wins the race.