FYI: Josh here – I’ve had enough.
People in our industry love to use misleading data points to frighten others into making poor decisions with their investment portfolios. The “longest bull market ever” meme is just the latest nonsense being trotted out to make it seem as though you need to employ some sort of expensive market timing system or exotic hedging strategy for your stock portfolio.
Michael Batnick and I look at the two major resets or “cyclical bear markets” we’ve experienced since the 2009 bottom, and why it makes no sense to measure a secular bull market’s beginning from the lows of the prior cycle.
Watch this and if you’d like to learn more, check out Michael’s post here:
Regards,
Ted
http://thereformedbroker.com/2018/08/09/today-we-put-all-bull-market-arguments-to-bed/
