For years, one of the biggest issues facing the economy has been excessive debt and leverage. Yet even with these problems, prior to COVID-19 it was commonplace to see headlines in the financial media that read…
“Current Bull Market Continues To Climb A ‘Wall of Worry’” (1)
The “wall of worry” is one of the phrases frequently used to illustrate the resistance or fear of investors to invest in a stock market that had earlier gone down. Since the Great Recession of 2008 and the financial crisis many investors have worried about the possibility of another financial crisis.
In a 2018 conversation with clients I was asked about a recent stock market pull back and if a problem in the market… could cause another financial crisis. This was an issue that was on many people’s minds these days.Continue reading “Market Risks and the Wall of Worry”