Portfolio Manager Nick Griebenow, CFA featured in FA-mag.com
Despite a global pandemic (as well as trade wars, rising interest rates and the reduction in stimulus from central banks), the current bull market has yet to come to an end. If we discount the very brief selloff into “bear market” territory in early 2020, this bull run is the longest in history. Nobody knows when it will end, but the run has led to sizeable gains for most investors. The culmination of these factors begs the question: when do those gains become enough to warrant protection?