The Big Picture: Final Phase of the Bull Market

This month is the 8-year anniversary of the bull market in US stocks. How many more years do we have to go? Jim Puplava argues that we are in the “final phase,” listing a number of key characteristics in addition to what this means for the economy and investors. In the second part of today’s Big Picture, Jim takes a look at the divergence between “hard” and “soft” economic data and how this is likely to resolve. Lastly, we wrap things up with “War & Peace,” looking at the rise in global conflicts, Trump’s vow to increase defense spending, and current geopolitical events.

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