
We have entered the “not so fun” part of the bull market. That is because after gains so fast and so furious, we now see a lot of pullbacks, sector rotations and overall volatility.
Unfortunately, this is what I expect to be on the menu for the next year befitting the normal results in year 3 of a bull market. That’s because once the easy gains have been made bouncing from bear market bottom...then investors need to do a bit more soul searching for what to buy next as the S&P 500 (SPY) typically comes in around breakeven.