FYI: What better time to opine on what comes next for the stock market than on the 8th anniversary of the current bull market.
The Standard & Poor’s 500 stock index hasn’t suffered a drop of 20% since the last severe downdraft, which ended on March 9, 2009, but not before losing more than 50% of its value. But the broad market gauge has been up more than 250% since.
What’s next? Ed Yardeni, chief investment strategist at Yardeni Research, offers three scenarios:
Regards,
Ted
http://www.usatoday.com/story/money/markets/2017/03/09/odds-market-meltup-meltdown/98924888/
