By Matthew Kerkhoff
It’s been a very bullish year, and yet major averages continue to attack their high-water marks time and time again. For many, this instills a sense of unease … a feeling that things are too good right now, and won’t last.
If you find yourself in this camp, take solace in the fact that ultimately you will be correct, it just might take longer than you expect. After all, people have been making this case for a number of years, and anyone who acted on that advice has missed out on a tremendous surge in asset prices.