As Stocks Hit New Milestones, Control What You Can
No one knows what's next for stocks, but records can be a good time to double check your plan.
With the S&P 500 hitting an intraday high and stocks entering the longest bull market in history, it shouldn't be a surprise that investors are asking if the market is due for a downturn.
There is no good answer to that question. The truth is, no one knows what the short term will bring for the market. Some of the factors that have been driving stocks higher (including improving earnings, still low interest rates, and tame inflation) are in place, but anything from a trade war to a monetary policy error to something that isn't even on our radar could just as well knock the market down.