Panic at the (NYSE) disco

Today, February 5th, 2018, the stock market had a healthy sell-off. No investor likes to see a down day on Wall Street, much less a big down day like today, but that which goes up must come down. Today’s sell-off is just a breather, a return to more reasonable valuations, in what will prove to be the longest bull market in American history (well, up to this point in time). So, if you are an investor, stop, breathe, keep calm and invest on. The global economy is healthy, and the American economy is healthy. We have at least another nine months of steady economic expansion before inflationary pressures force the Federal Reserve to raise interest rates to the point where a bear market and recession are inevitable. Still, the pullback of the past week is an indicator that we are nearing the peak of this bull market. If you have cash on the sidelines, this is a good time to put your money in the U.S. stock market: you will get a nice return for the year. Happy investing, people!