Perception vs. Reality
If you had been living off the grid since January and just turned on the television, you might be led to believe we are in the middle of a roaring bull market.
There are plenty of pundits who say that the market still has room to run, with the implication that we have had a huge surge. This has created a perception far different from reality. In fact, the Standard and Poor’s 500 has been anemic since fall of 2015 with a few “catch your breath” moments thrown in for fun.
Raging bull market? We don’t think so.
So if you have been off the grid, don’t pay attention to the daily headlines. A jolt back to reality is never pleasant.