21.11.17

The great run for the stock market will probably continue for a while

This bull market is now the second-longest on record. And with danger seemingly lurking around every corner, the urge to exit is becoming nearly overwhelming. But it's too soon to pull the ripcord.

The market is healthy, and so is the economy. Everything seems to be pointing up. So what's the problem? The problem is that things might be a little too good for our own good.

Things that could threaten the bull market.

  1. Failure of congress to make good on Trump's campaign promise of major tax reform.
  2. A policy mistake by the Fed.
  3. China's debt bubble.
  4. A spike in U.S. inflation, caused by the tightening labor market.
  5. A game of nuclear power.
  6. A spike in interest rates.