This bull market hits its nine-year anniversary in March, which sounds a bit long, but several bull markets have lasted longer. And by the way, of those 27 corrections between 10% and 20%, most took place during long bull runs in the market. Who remembers the 2011 stock decline during Europe’s debt crisis? For now, the vast majority of intermediate-term stock market indicators remain positive, suggesting a bullish outlook for stocks. Nevertheless, there are reasons for concern — fundamental valuations for common stocks are somewhat high.
Source: Forbes February 09, 2018 23:03 UTC