With the stock market at record highs, although stalled at the moment, investors must ask two questions: 1) What’s next, and 2) What do I do about it? No doubt as you plan investment strategies for 2017 and beyond you remember two brutal bear markets, 2000-2002 following the dot.com implosion, and the 2007-2009 credit crunch debacle. Google “stock market crash in 2016” and several pages of dire warnings of declines up to 80% will pop up. Looking at the U.S. stock market run-up after the Trump victory, the professor advised, “Don’t confuse the stock market with recession risk,” which he sees as a bit higher compared to two years ago. America’s rule of law and political stability is attractive and potential tax reform will be a plus, in addition to lower shipping costs.

Source: Forbes January 16, 2017 20:37 UTC