Does It Make Sense to Invest in Stocks When They’re at Record Highs?
August 19, 2021 at 11:46 AM EDT
82% of the stocks in the S&P 500 are trading above their respective 200-day moving average, our research shows that’s a potential harbinger of the equity market producing excess returns over the Bloomberg Barclays Aggregate Bond Index. The dog days of summer are turning out to be anything but...