Are We Seeing A Shift From Short-Term To Long-Term Investing?

“The equity markets have recently been tranquil and very friendly to investors, reaching new highs and registering low volatility. The length of time since a significant decline in the S&P 500 has been unusually long. Just like an extended period of good weather changes our behavior and outlook, the tranquil markets may be related to shifts in investor behavior. Is this a blessing or a curse? It depends on one’s point of view.”

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