Aging or Raging: The Status of the Current Bull Market

Now in its sixth year, the current bull market is oft considered due for correction, with investors wondering how much further the rally can go. For this reason, it is useful to test the claimed causes associated with lapsing bull markets. Conventional wisdom suggests bull markets end due to: age, recessions, monetary tightening, extreme valuations, and exogenous shocks.

The author, Glenmede, examines each of these elements and offers perspective of how investors might position an investment portfolio in light of all of the evidence.