Why is the Market Still So Hot?
Jacob Sturgill, CFP®
The market is red hot and, if it continues, will end up being the longest bull market in history. Currently, we are in second place after a record level was reached by the S&P 500 index last July. The bull market to beat was 3,452 days long and ended in 2000. So what is really fueling the market? Pre and post-election optimism? Trump’s policy reform? Low interest rates? Our answer is three part…a plow horse economy, Trump trade, and fixed income experiencing the worst quarter in over 15 years at the end of 2016.