The NASDAQ (INDEXNASDAQ: .IXIC) closed at all-time highs last Friday amid the US Federal Reserve’s affirmation of interest rate cuts later this year.
Already, the tech-heavy index has risen by over 11% since the start of the year.
The investors who remained vested in the US stock market (that’s us!) are happy with their gains. For others, however, there is a lingering worry over how long the bull market rally will last.
The concern is apparent from the chatter around us.
Why keep buying stocks when there are “obvious” warning signs?
Isn’t the market already near its top?
What is the stock’s valuation?
As you can see, everyone expresses their fears differently.
Questions on valuations, for instance, belie the true feeling of dread that danger is just around the corner.
Why else would you be asking about valuation when markets are feeling rich?
Here’s what investor’s will miss: getting your expectations right is the key....