FYI: As this bull market heads deeper into its seventh year—a remarkable feat accomplished only three other times in the past 85 years—investors have every right to reevaluate their strategy. Is it time to defend your portfolio against the long list of challenges that could finally best an aging bull? Or should we continue to bet on the resilience of a stock market that has time and again punished nonbelievers? In other words, what are we dealing with here? A super bull? Or one on its last legs?
Regards,
Ted
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