This is fantastic news for investors, after all, who doesn’t love all-time market highs to fatten our portfolio balances and help gloss over one or two poor stock selections! But, knowing that some of the worst market conditions followed soon after the best, doesn’t it also make you a little nervous?
A:
I’m thinking about the 1987 stock market crash here, the dot-com boom and bust, and the GFC. Each major market downturn ultimately started amidst positive headlines...