https://www.investopedia.com/news/why-bear-market-wont-happen-soon-richard-bernstein-advisors/ By Mark Kolakowski | September 20, 2018 — 6:00 AM EDT
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Other market gurus have been raising alarms this year, warning that wrenching stock market declines are on the horizon. Among the respected long-time market watchers who aren't buying into doom and gloom is Richard Bernstein. After 21 years as a top investment strategist with Merrill Lynch, he founded investment advisory firm Richard Bernstein Advisors in 2009, where he serves as CEO and chief investment officer (CIO). "The signs of what would really signal a true bear market are really nowhere to be seen," he asserted on CNBC. Moreover, he believes that constant talk of a "late cycle" economic environment is confusing investors and causing them to make poor decisions: "Late in the cycle makes it sound like the abyss is minutes away. That's not really where we are."
