Wall Street is a place where pundits frequently bring up a few historical truths. For instance:
- Stocks go up most of the time. They do, if we look at the number of up years versus down years over the past 100 years or so.
- Bear markets are less frequent and often do not last long. This is also true. However, the current bull market is such that it might be followed by a bear market of historic proportions. We’ll come back to that thought, in about 2-3 years.
