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Barry Ritholiz: Your Portfolio May Be Basking In The Sun, But, As Always, Winter Is Coming

FYI: The time to repair the roof is when the sun is shining.” — John F. Kennedy

Markets across the country have hit new all-time highs. The Nasdaq composite index, Dow Jones industrial average and Standard and Poor’s 500 stock index all hit prices in May that they never attained before. Markets in Japan, Europe and China have also reached multi-year highs.

The contrarian in me looks at all of these new highs and thinks, “Now is the time to start planning for when markets are less accommodating, more volatile — and for when something eventually goes wrong.”
Regards,
Ted
http://www.washingtonpost.com/business/get-there/your-portfolio-may-be-basking-in-the-sun-but-as-always-winter-is-coming/2015/06/05/4a4c621e-0b01-11e5-95fd-d580f1c5d44e_story.html
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