With the equity markets reaching all-time highs, you would think everyone on Wall Street would be dancing in the streets. Nope! They’re using this time to talk about all the reasons why we’re in for a big correction, down turn, or crash.
This shouldn’t be a surprise. It’s never clear sailing when it comes to investing. There will always be issues that make investors nervous. And the markets will always experience recessions.
But investors might forget that the markets do this funny thing when everyone is expecting the market to rise (or fall)… it might just do the exact opposite of what we expect. Despite all of the expert opinions and the number crunching, there will always be the human equation to factor in and that’s hard to capture. Perhaps all this fuss is just noise and the markets will continue to climb.
Bottom line: Your portfolio should be ready for anything at any point in time.