No doubt the market has a long exuberant run. Everyone invested in are happy. Come to think of it, what goes up will come down eventually to the mean. That's what historical data tells us everytime. A dose of bearish sentiment is healthy in this exceptional market situation. Even if it does come, have a strong heart, stay invested in fundamentally good companies for the long term.
As market continues to climb, it will get exhausted at some point. It is not a question of whether it will fall but when. My take is in the next 3 - 6 months.
Stocks may fall 15% by year-end, warns Morgan Stanley. Here are some portfolio moves investors might consider.
'Markets are priced for perfection and vulnerable,' says the CIO of Morgan Stanley Wealth Management