‘It’s too late to be bullish’ – Record stock market run is drawing worriers

Bloomberg/Elena Popina/6-20-2019

“The S&P 500 is up 18% and powering toward its biggest first half since 1997. For bulls, things are great. Will they get any better? To a handful of cross-asset strategists who turned skeptical on stocks before this week’s manic sessions, that’s becoming the most pressing question. Increasingly, their answer is: not likely.”

USAGOLD note:  The longer an investor waits to diversify the greater the likely loss of purchasing power of stocks vis a vis gold.  The wise investor diverifies before the bottom falls out.

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