Stock market risk is at its highest when everyone thinks there’s no risk; conversely, risk is at its lowest when everyone thinks it’s very risky. Previously, I published Investing is Hard. In the article, I shared about two things. The first thing I shared was snippets of the State of the Union Address that two former US presidents, Bill Clinton and Barack Obama, gave in January 2000 and January 2010, respectively. Source: The White House | Wikimedia. Commons The second thing I shared was the subsequent performance of US stocks after both speeches. Clinton’s speech was full of optimism but the US stock market did poorly in the subsequent decade. On the other hand, Obama’s bleak address was followed by a decade-plus of solid gains for US stocks. Bill Clinton State of the Union Address (2000) Here’s the snippet from Clinton’s State of the Union Address:...