FYI: Bull markets don’t die of old age and with neither a major policy mistake nor a significant economic disruption on the horizon, there’s life in the current cycle yet.
That’s the view of Krishna Memani, chief investment officer at OppenheimerFunds Inc. in a recent paper, which details at least 15 reasons the current U.S. equity bull market will persist for a ninth year. Events of the past year including make-or-break elections for the euro have washed over financial markets, suggesting policy, not politics, would be the rally’s undoing.
Regards,
Ted
http://www.fa-mag.com/news/-bull-market-likely-to-be-longest-on-record--oppenheimer-says-34181.html?print
