In previous letters I’ve written about how the current long-term uptrend of the stock market is beginning to show signs of age. I’ve characterized it as “getting gray around the temples.” What it means is that slow, albeit subtle, change is taking place beneath the...
Although it does not appear that a major market top is imminent, there are signs pointing to an aging bull market. Therefore, investors should regularly adjust their retirement or investment accounts in order to protect them from the gradual deterioration in market...
