October 17, 2013 Leave a comment
The shutdown and debt ceiling debacle in Washington is finally over. And despite all of the talk about the tensions in financial markets over the political wrangling these last few weeks, the stock market was largely unmoved through it all. In fact, it emerges in the aftermath a mere hairsbreadth away from fresh all-time highs. The performance and resilience of the stock market these last few years has been undoubtedly remarkable, and perhaps it will persist into the future. But before jumping on board for the next potential rally higher, it is prudent to consider after so much time exactly what has been driving the stock market to this point and how much longer it is likely to continue. For the one thing we know for certain is that eventually all things must pass including the current bull market in stocks. And one certainly does not wish to be caught unaware when the love is up and the stock market has left us with no warning.
Please click on the link to read more of my article on Seeking Alpha.
This post is for information purposes only. There are risks involved with investing including loss of principal. Gerring Wealth Management (GWM) makes no explicit or implicit guarantee with respect to performance or the outcome of any investment or projections made by GWM. There is no guarantee that the goals of the strategies discussed by GWM will be met.