6 Actions to Take When You Think a Bull Market Is Ending
We are in the ninth year of an aging equity bull market. Since the start of this bull market in March 2009, the S&P 500 Index has gained 426% through September 30, 2018—an annualized return of 19%. Meanwhile, the US economy is firing on all cylinders, with the unemployment rate falling to a multi-decade low and domestic growth at multi-year highs. However, recent market volatility is showing signs that we may be in the late stages of the current bull market and economic expansion.
Read the full commentary by Tim Clift, Chief Investment Strategist at Envestnet | PMC, which illustrates ways to help your clients keep their emotions in check and prepare for more market uncertainty.
Author’s disclaimer: The opinions expressed herein reflect our judgment as of the date of writing and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities, or investment advice or a recommended course of action in any given situation. Investment decisions should always be made based on the investor’s specific financial needs and objectives, goals, time horizon, and risk tolerance. Information obtained from third party resources are believed to be reliable but not guaranteed. This paper may contain ‘forward-looking’ information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this paper is at the sole discretion of the reader.