In the past week, at least six professional investors have told me that—and they are probably right. This bull market for U.S. stocks is by far the longest on record, and only a lunatic would think it can last indefinitely.The S&P 500 hasn’t fallen by at least 20% from a previous high since March 2009. As commonly defined, this bull market is nearly 3,750 days old, the longest in the S&P 500’s more-than-90-year history.
Because market cycles tend to last for years, major turning points are few and far apart. There is little comparability in the history of these inflection points, making it hard to draw firm conclusions. Naturally, what you expect depends on what you have experienced. The investment thinker Peter L. Bernstein, who died in 2009, often spoke of “memory banks,” the collective experiences that investors live through and that live on in their minds.
As Fred Schwed Jr. wrote in his book “Where Are the Customers’ Yachts?” in 1940: “There are certain things that cannot be adequately explained to a virgin either by words or pictures. Nor can any description that I might offer here even approximate what it feels like to lose a real chunk of money that you used to own.”
“Economic growth is still relatively high, but the pace has been decelerating, putting us closer to the turning point,” says Andrew Ang, head of factor investing strategies at BlackRock Inc. “This is a time when investors should seek resilience in their portfolios.”Granted, the same has been said often over the past decade. But, if you are worried that it is late in the cycle and the bull can’t keep running for much longer, you could take a few small steps.
The biggest threat to the stock market is interrupting trade by a bullying President, messing with Iran & their oil trade & Chinese exports!
Investing in stocks is highly risky now.
Left Ear : Yeah, Lyle, it's a bear market. Shit!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Taylor Stitch Launches 100% Organic Denim With ISKO Mills As Denim Market Reaches 5 Billion DollarsTaylor Stitch is committed to using recycled and regenerative fabrics wherever possible in an effort to lower water usage, reduce chemical exposure, and help close the loop to create a cradle-to-cradle supply chain.
Source: Forbes - 🏆 394. / 53 Read more »
Tyson, America’s biggest meat producer, is taking a bite out of the vegetarian marketTyson’s new plant-based nuggets and ‘blended’ patties take aim at meatless innovators Beyond Meat and Impossible Foods. See I told you all this meat stuff you are posting is about the new plant protein train. Propaganda Tyson_Fury You see what they’re saying about you champ? I’d love to see you KO Schwarz . gypsyking linealchamp
Source: MarketWatch - 🏆 3. / 97 Read more »
All eyes on Fed as stock market pines for rate cutThe Federal Open Market Committee meeting next week is shaping up as a pivotal o... Who OWNS The Fed? I can tell 'you' it isn't The United States of America. Who will Kill the Fed...The United States of America. RESET coming. Do 'you' guys Really report News? WWG1WGA realDonaldTrump i pine for the days before wall street wrecked the fucking economy I thought this was a great economy?
Source: Reuters - 🏆 2. / 97 Read more »
Market Mover: Meet The Brand That’s Disrupting The Streetwear Industry With A SmileChinatown Market is located on a gritty industrial block in downtown Los Angeles. Inside, the cavernous warehouse space is punctuated by a basketball hoop that has a yellow smiley face backboard, a couch with a giant plush smiley pillow and a bootleg swoosh-emblazoned coffee table.
Source: Forbes - 🏆 394. / 53 Read more »
John Neff Outperformed the Stock Market for Three DecadesJohn Neff significantly outperformed the stock market from the 1960s to the 1990s as the manager of the Windsor Fund, where he shunned fads and prized companies that were misunderstood or overlooked. I didn't see the whole 'we're going to record a short film for this shit until it's out of production.' The title of the film is a little misleading.
Source: WSJ - 🏆 98. / 63 Read more »
Bird buys Scoot — and a back door into San Francisco’s rental scooter marketThe Santa Monica scooter company Bird bought Scoot for an undisclosed sum Wednesday, effectively buying its way into the San Francisco scooter market. Anarchy reigns apparently
Source: latimes - 🏆 11. / 82 Read more »