Here’s something that might surprise you: all the bleating in the media about the aging bull market is way off base. That’s where the 2009–18 bull market died, as a bear market is, by definition, a 20% plunge from recent highs. In other words, we aren’t living in the longest bull market in history. We haven’t seen a number like that since 2009, when the second-longest bull market in history was starting up. The takeaway: a short earnings drop following a market decline is a strong buying opportunity—and that’s the setup we’re seeing now.

Source: Forbes May 04, 2019 12:33 UTC