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Kiplinger
Kiplinger
Business
Barry H. Spencer, Registered Investment Adviser

What if the Next Market Pullback Is Lengthy? A Contingency Plan Is Prudent

Kiplinger
A white piggy bank surrounded by caution tape against a blue background.

With the stock market trading near record highs, confidence is soaring, and investors are increasingly buying into the good vibes.

Many people think the bull market will continue indefinitely. They reason that President Donald Trump's pro-growth policies will create a durable expansion, with deregulation and decreasing oil prices and mortgage rates fueling the surge.

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