FYI: Nine years, seven months, four weeks and two days into the current bull market, some investors are asking whether a bear is on the horizon.
The S&P 500 is up 307% since the bull market began in 2009. Stock prices have powered forward thanks to robust earnings growth. Investors have also been willing to pay a higher premium for those earnings, as seen in expanding price-to-earnings ratios.
While there is no single indicator that can predict market turns on its own, here are six things analysts and investors are watching to see if the next bear market, typically defined as a 20% decline from a recent peak, is around the corner.
We may already be part of the way there. The S&P 500 is 5.98% off its all-time high reached Sept. 20, 2018.
Regards,
Ted
https://www.wsj.com/graphics/bear-market-signs/
