The S&P 500 closed at a
last Friday, August 24, 2018. This marked the longest run in U.S. history. The index is now more than four times (418% to be exact) the level from when the bull market began on March 9, 2009.
(Source: BTN Research)
Despite the continued pressures of pending new tariffs, interest rate increases by the Fed and the devastating effects of natural disasters such as the recent forest fires in California and rains in the Midwest and Northeast, economic indicators remain strong: the labor market remains strong (unemployment continues to fall) and business investment continues to be healthy.
As summer wanes and fall kicks into gear, investors will most likely be more interested and active. While we manage with a long-term lens, we continue to be vigilant in watching economic indicators that can affect investments. For now, the bull market continues, so we wait, we watch, we listen.
And, as always….feel free to contact us with questions.
&nnbsp; Henry Ford, Principal