FYI For 15 months, from the 2016 election of President Donald Trump until recently, the stock market was a smooth, one-way trade: up 34%, with nary a significant pullback. A turn on the Brooklyn Cyclone it was not.
“Investors were in love with the economy, earnings growth, and the tax bill,” says Bob Doll, the chief equity strategist at Nuveen Asset Management. “It was a beautiful thing.”
That beautiful ride is now over.
Regards,
Ted
https://www.barrons.com/articles/seat-belts-fastened-volatility-ahead-1518237935
