Ignore the media’s scare tactics, says this 50-year market veteran -- the bull market is alive, and well

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Investors 'scared to death' of recession will give up years of stock gains, according to a 50-year veteran with a history of timing pullbacks:

Investors have the jitters on Tuesday, as they keep a beady eye on developments ahead of this week’s U.S. -China trade talks and then another on an earnings season that’s just around the corner.

“The point is, a secular bull markets last 15-plus years. You can run how long this thing should last, either from October of 2008 or March of 2009 or April of 2013. The point is there ought to be years left in this thing and no one believes it,” said Saut. He adds that anyone not retiring in at least the next three years stands to lose if they stop believing in this bull market.

Given the current interest-rate environment, he says his indicators point to a multiple of 19 times forward earnings for stocks, which would put the S&P 500 at around 3,200, nearly 9% above the index’s Monday close. The chart Our chart of the day, from Alliance Bernstein, makes the case for diversified investment styles. In a blog post, Sharon Fay and Christopher Hogbin, co-heads of equities at the firm, point to September, when value stocks started to outperform their growth counterpart in a rising market for the first time since 2016.

The Blizzard unit of Activision ATVI, -1.14% has banned a player after he made pro-Hong Kong comments. China’s Tencent Holdings 700, +0.31% , which has a stake in the videogame group, pulled National Basketball Association’s Houston Rockets games off the air in China after its general manager also tweeted a pro-Hong Kong slogan.

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 /  🏆 3. in TH
 

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Just keep 5 years of bonds in ETFs and the rest in stock low cost index funds or ETFs

Or they could GetOffZero and put 1% into Bitcoin

When the time comes and it is coming - there'll be a lot taken from investors Read OPED at : Ginger Baker - In Time … …

Yes said the farmer to the cow...it's okay just put your head into that hole and everything will be JUST fine!

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