Many factors have driven this long bull market. Historically low interest rates which were initially put in place to artificially stimulate the economy have continued. Relief from confiscatory taxes also helped. With what we are facing now after a 12 year bull market who knows? Multi trillion dollar stimulus "relief" is sure to result in crushing tax burdens. There comes a time to pay the piper as my father used to say. P/E ratios are currently very high. No one really knows where this market will be in a year or five. Right now I am treading lightly.
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"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
Last edited by manaboutown; 04-14-2021 at 10:42 AM.
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