Tuesday, May 26, 2015

Now is a stock pickers market vs index investing

My sense is that we had a very strong bull market last year and that the market is now essentially fully priced. Now, this does not mean that there are not some stocks that can still go up. I believe that we are moving into an environment where indices do not perform particularly well because of their elevated levels, but it is a stock-pickers market where some stocks can still offer some traction.