The
stock market has recently reached an all-time high, and many people are looking
at their brokerage accounts and celebrating. However, I wouldn’t pop the corks
on those champagne bottles just yet. There’s a chance that this bubble is about
to burst with a big stock market correction on the horizon.
A look
back at the S&P 500 might shed a little light on why many financial
professionals believe a BIG correction is coming.
Notice
any patterns? Each of these peaks in value was built on a market bubble. We had
the “dot com” bubble in 2000-2001, and the sub-prime lending bubble in
2007-2008. Each of those bubbles burst and was followed by a sharp correction
in the market.
People are buying High in the Stock Market, but should they be? Your clients, more than ever, need you to help them make decisions about their money.
People are buying High in the Stock Market, but should they be? Your clients, more than ever, need you to help them make decisions about their money.
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