It’s hard to see the negatives about something when things are going so well.
That’s kind of what is going on these days in the market. We’ve had years of strong equity returns and one of the longest economic expansions in history. And, by all accounts, everything is still going fine. There’s really no need to worry. Or should we?
According to asset manager State Street, an economic downturn may be closer than you think and overweigh the current wave of optimism.
For investors, State Street’s prediction certainly throws plenty of cold water on the market’s rally and the economy as a whole. It also could serve as a big-time warning sign.
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