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12-25-2018, 04:51 PM
Whiff of Extinction Blows in Bull Market That Outlived Them All

“It was a remarkably long run,” John Carey, managing director and portfolio manager at Amundi Pioneer Asset Management, said in a phone interview. Donald Trump could right his ship, the Federal Reserve could stop raising rates -- maybe the bear will go back into hibernation. “One of the beautiful ironies of this whole situation is that in 2018 you finally feel like the economy is normalizing to what we knew before the crisis,” said Michael Purves, chief global strategist at Weeden & Co. “Until you got to this tax and spending deal a year ago, it was one of the most hated bull markets.

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