It Gets Harder From Here

It’s been a good run. If you own risk assets, you’ve probably done very well recently. Outside of shorting things, it would have been difficult to lose money over the past few months.
Take a look at this chart, showing the year-over-year change in the S&P 500*. We’ve had bear markets before, but we’ve never had this type of rally in such a short period of time.

I’m not making a market ca…

The post It Gets Harder From Here appeared first on The Irrelevant Investor.