FYI: The unemployment rate sits at 4.3%.
Inflation is subdued at just 2.2% over the previous 12 months.
The 10-year treasury bond yield is still well below 3%.
The S&P 500 passed through 2500 recently and has hit 45 (and counting) new all-time highs in 2017 alone.
Stocks haven’t seen a 10% correction in almost 2 years.
It feels as though volatility has been outlawed.
The former host of The Apprentice is the President of the United States.
We haven’t had another economic downturn since the last one ended in mid-2009, making this one of the longest recoveries in history.
Regards,
Ted
http://awealthofcommonsense.com/2017/10/risk-perception-vs-risk-profile/
