FYI: The past nine years have been kind to investors. The S&P 500 has risen a whopping 425 percent, including dividends, during a bull market that is now the longest in history.
Last week, two of the major U.S. stock indexes — the S&P and Nasdaq — crossed all-time highs. The Dow Jones industrial average is closing in on its record high.
We are hitting milestone after milestone: Apple just became the first $1 trillion U.S. public company. Unemployment is the lowest in decades. The economy grew at a 4 percent-plus annual rate in the second quarter.
Of the 486 companies in the S&P 500, 386 beat second-quarter earnings estimates, according to Howard Silverblatt, senior index analyst with S&P Dow Jones Indices.
U.S. stocks have been on such a tear that a portfolio that was 60 percent U.S. market big caps and 40 percent bonds in March 2009 has grown into 83 percent stocks and 17 percent bonds today.
Regards,
Ted
https://www.washingtonpost.com/business/economy/the-stock-markets-are-still-going-up-and-up-is-it-time-to-sell/2018/08/31/2bff687e-ab2b-11e8-b1da-ff7faa680710_story.html?utm_term=.63c654936cb2
