With the S&P 500 hitting new All Time High levels, there is a growing chorus calling for the next big decline. It’s understandable…most investors are pessimistic and indeed fearful from what they’ve endured over the last 13 years. We only had one period after 2000 where the Market was hitting New Highs, and that only lasted a few months.
Is it the normal state of affairs for markets to hit highs for a brief period resulting in a Bear Market and many years devoid of New Highs?
Watch and find out whether or not New Highs lead to imminent declines.