Don't be scared of new all-time highs.| A Wealth of Common Sense
September 2024 | A Wealth of Common Sense
The U.S. stock market has been on fire of late. But it doesn’t feel like we’ve entered the euphoric phase of investor psychology just yet. In fact, many prognosticators have been lowering expectations. Goldman Sachs put out a research piece that posits the S&P 500 could return just 3% annualized over the next 10 years...| A Wealth of Common Sense
Some thoughts on the difficulty of calling a top in the market.| A Wealth of Common Sense