US markets approaching maximum risk

by Gary Glover

US equity markets have rallied 64 months now from the March 2009 low without a descent correction or pullback occuring.  Normally 60 months is a long bull market and this is popular timing for a bull trend to come to some sort of completion.  In the few cases where markets have exceeded 60 months - in recent years 64 months has been the statistical outlier.  Is this move going to be the new outlier or will it equal the last outlier?  Which ever way you view equity markets currently there is considerable risk here as the length of this bull trend has reached historical lengths.


Gary Glover is an Authorised Representative (Rep No. 259215) of Novus Capital Limited ("Novus"). Novus is a holder of Australian Financial Services Licence No 238 168. Novus, its directors, officers, associates and employees each declare that they, from time to time, may hold interests in financial products and/or earn brokerage, commission, fees or other benefits from financial products mentioned in this e-mail or attached documents. Unless specifically stated within this page or an attached document, any information communicated by this e-mail constitutes unsolicited general financial product advice which has been compiled without regard to any investor's individual objectives, financial situation or needs. It is not specific advice for any particular investor. Before making any decision about the information provided, you need to consider the appropriateness of this information having regard to your individual objectives, financial situation and needs and consult your adviser. Any indicative information and assumptions used here are summarised and also may change without notice to you, particularly if based on past performance or relate to a future matter.

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