FYI: Project ahead a year or two: It is much easier to make a case for a troubled stock market than for a booming one.
Start with the performance of the market itself. Although stocks surged on Wednesday, a rocky autumn wiped out most of the year’s gains, and investors are having difficulty mustering arguments for a market that has been unable to sustain upward momentum.
Paul Hickey, a founder of Bespoke Investment Group, an independent market research firm, regularly tallies what he calls “the pros and cons” of the stock market. I asked him for an informal update: He came up with 14 pros versus 22 cons.
Regards,
Ted
https://www.nytimes.com/2018/11/30/business/stock-market-dangers-bear.html
