For the forseeable future, yes. But there is ALWAYS a risk of it crashing. Like if Putin decides to nuke Ukraine, now that he "lowered their nuclear response standards". Stay frosty, and always have an out. Because I can tell you...If nukes are used by any side, circuit-breakers are going to fire.
Everyday is an up day in the land of perfect, where everyone is a stock market millionaire. It's so easy a cave man can do it $$$$$$$$$$$$$$$
"If the S&P 500 rises another 3.5%, it would mark the first annual gain of 30% or more since 1997" We are 15 years into this bull market, similar to 1997 which was 15 years into that bull market which started in 1982. Would indicate this secular bull market which started in 2009 still has 3 more years of life left in it. The ZERO RISK⢠SP 500 hits 10,000 sometime in the next 3.5 years = $$$
Interesting! I have been thing the same as the S&P 500 at 10,000 in a few years sounds possible as the market has been volatile and surprising lately post US Trump victory. But there can be other factors like economic policy shift, and technology innovation which can fuel the growth.
It is quite amazing how this market continues to get more risk free and unstoppable by the day. As I kept saying, the higher the market goes the less volatile it becomes. To even get a $1 fall is a smaller percentage the higher it goes, yet it's harder than ever to even get the dollar pullback. And each dollar is fought off so intensely. Yeah this thing is never dropping, we know that. You have to consider the flat days as the new red days. Simply beyond impossible to bring this market down. Incredible.
Getting this market to go down has to be the most insanely impossible thing ever. Seriously thw most difficult thing on earth is to get this to go down. It absolutely cannot!