How Long Can This Bull Market Last?
Many clients have asked questions regarding the strong market moves this year, noting the length of time the market has gone without a meaningful pullback or correction. Indeed, the US markets are now in record territory in that they have not experienced a pullback of 3% or more in well over a year. In addition, the US markets have not had a correction (defined as a pullback of 8% or more) since December 2015 through February 2016. While no one can predict when a meaningful pullback or correction might occur, we remain cautious in the short run. That being said, the following video(follow link below) produced by Jeff Saut, Raymond James Chief Strategist, might prove helpful in understanding the rationale behind the position that there is likely years remaining in the secular bull market that started following the deep recession of 2008 and 2009. Please review the video as your time permits and give us a call with any questions you may have.
