All Time Lies
Our intuition leads us to believe that markets are subject to the rules of gravity \u2013 what goes up must come down. But, in reality, markets are the summation of American businesses, businesses that measure their results regularly and are striving to outdo last month\u2019s, last quarter\u2019s, last year\u2019s results. Great companies thrive, struggling companies lay by the wayside, and the aggregate tenacity and industriousness of the US market continue to improve\xa0AND\xa0set new\xa0all-time\xa0highs.
\nAll-time\xa0highs are the rule, not the\xa0exception;\xa0the expectation, not\xa0the hope.\xa0
\nThis week's TOM takes on the age-old question..." should I invest during all-time highs?"\xa0
\nLinks mentioned in this episode:
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