Investors may be lulled into a false sense of security by this market.
Will the current bull market run for another year? How about another two or three years? Some investors will confidently say “yes” to both questions. Optimism abounds on Wall Street: the major indices climb more than they retreat, and they have attained new peaks. On average, the S&P 500 has gained nearly 15% a year for the past eight years.1
Stocks will correct at some point. A bear market could even emerge. Is your investment portfolio ready for either kind of event?