FYI: I have never been more wary of the U.S. stock market. The perils are obvious. The economic expansion is so very old; the Treasury yield curve is (moderately) inverted; the Bundesbank expects a German recession; and the S&P 500's cyclically adjusted price/earnings ratio is almost 30. It seems that corporate earnings will be squeezed, but stock prices have not anticipated such an event.
Regards,
Ted
https://www.morningstar.com/articles/943466/the-taxman-says-stay-invested
