Stocks have been grinding higher recently…
The S&P 500 Index closed at a record high on Friday. It’s up nearly 3% in the past month.
Put simply, we’re still in a bull market. And this bull market turned two years old on October 12.
According to JPMorgan Private Bank, the median bull market since 1950 has lasted about three years and 10 months. And the median return is 110% versus the current 64% gain since October 12, 2022.
So, I see more upside ahead. But there’s a problem…
This post originally appeared at DailyWealth.