Sometimes the investing landscape is incredibly simple. Like 85% of your lifetime the economy has been expanding and the stock market is bullish. And then from that period of excess a recession comes along creating a bear market the other 15% of the time.
Each is easy to see when you are in the middle of that phase. Unfortunately, it is rather more difficult to know which it is for sure at the cusp of where the two periods meet. And that is where we find ourselves today.
