The Market's Goldilocks Era Is Nearing an End

The Market's Goldilocks Era Is Nearing an End

By Lars Christensen, Markets & Money Advisory Founder and CEO, LC@mamoadvisory.com, @MaMoMVPY

U.S. stocks have enjoyed a nearly uninterrupted bull market since late 2009. Two factors have helped create a Goldilocks scenario that helped drive this surge. First, the shock administered by the 2008-2009 financial crisis left stocks significantly undervalued, creating plenty of room for equity prices to recover. Second, U.S. inflation has consistently held below the Federal Reserve’s 2 percent target, leaving the central bank with little reason to tighten monetary policy.

Read my Bloomberg Prophets article about the outlook for global stock markets here.



WORLD LEADING ADVISORY SPECIALISING IN THIS TOPIC

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