FYI: The easy money has been made” is one of my least favorite sayings in all of finance because you can only know this with the benefit of hindsight. Well, with that benefit, 2017 was about as easy as it gets. There hasn’t been a down month or a loss of greater than 3% in the S&P 500 all year. Volatility has been non-existent to both the upside or the downside. In this piece I wrote for Bloomberg, I look into some more stats on just how easy it’s been as well as a reminder that it won’t last forever.
Regards,
Ted
http://awealthofcommonsense.com/2017/12/2017-has-been-a-remarkable-run-for-stocks/
