Be fearful, not greedy, as bear market looms
Taking profits and exiting the market now must be tempting, even though we could still see another surge forward, as economic growth remains strong, inflation remains tame and productivity continues to rise
None of us wants to see a bear market. Or at least not those of us who haven’t taken a short position yet on the stock market. But it is not unreasonable at this point in the cycle to think about how our portfolios are positioned for one, after a long bull run.
Gains have been substantial across most of the market over the past five years, with the Iseq up 56 per cent...
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