This legendary bull market we are now accustomed to does not seem to have an end in sight. One clear benefactor of the run – up has been Disney (NYSE: DIS) who with perfection wowed us once again with a remake of one its classics; Beauty and the Beast. As this roaring bull market continues its trek towards a decade in existence, one may certainly argue we are amidst a beast.
There is covariance in the movie and real-life. Beasts can be bad and beasts can make us believe they are coarse requiring distinctive action in defense, rather to be calm and opportunistic when one delves deep enough to discover. This current beast has rhetoric-filled pundits within both camps. The bulls argue there are few indicators we will stall near-term, and the bears continue with their statistics and geopolitical economic dovishness. There is only one who knows how long the monster bears, or shall we write bulls, fruit.