Look around the world. We're the best game in town.
— David Nelson, Belpointe Chief Strategist
It’s been 3453 days since the current US bull market started, the longest since the Second World War.
It has done this by avoiding a 20% or more decline for since 9 March 2009.
President Donald Trump’s tax reforms may extend this remarkable run by quite a bit.
In December he signed a law that permanently lowered corporate taxes from 35% to 21%.
The law also lowered taxes for individuals and doubled the standard deductions.
As a result, corporate revenues are booming.
The US economy – by far the largest in the world – grew by a whopping 4.1% in the second quarter of 2018, a near four-year record.
The Money Show’s Bruce Whitfield interviewed veteran stockbroker David Shapiro.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
No! [When asked if this scares him.]… I’m happy that this can continue…
— David Shapiro
There is [always a calamity] because people lose their heads… We haven’t had it in this market… We can continue like this for some time without a calamitous fall.
— David Shapiro
We haven’t started yet! As long as interest rates are low… I don’t see the kind of calamitous falls we’ve seen in the past.
— David Shapiro
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