It's common for people to look at the S&P 500 chart and immediately decide it's due for a crash. (In fact people have been doing that since 2013!)
But the economy itself is quite healthy. Earnings have been rising and driving up valuations. Unemployment is low. Wages are (modestly) growing. Things are in general very good.
Why has the market risen for so long? Because the correction in 08 was so fast and deep, and took so long to recover from. That doesn't mean we're due for a correction anymore than sunny weather makes you due for rain.
Barring a shock to the system (a war, an unforeseen debt crisis perhaps coming from China, terrorism, etc.) I think we've got some more gains to realize.
But the economy itself is quite healthy. Earnings have been rising and driving up valuations. Unemployment is low. Wages are (modestly) growing. Things are in general very good.
Why has the market risen for so long? Because the correction in 08 was so fast and deep, and took so long to recover from. That doesn't mean we're due for a correction anymore than sunny weather makes you due for rain.
Barring a shock to the system (a war, an unforeseen debt crisis perhaps coming from China, terrorism, etc.) I think we've got some more gains to realize.