US Market Volatility

September 6, 2019

The linked article is by Grant Bowers, a portfolio manager for Franklin Advisors and I have seen his comments echoed by other portfolio managers. Although it’s difficult to point to strong specifics, he suggests not to count this bull market out yet – although its 10 year run is long by historical standards, it has been shallow and slow compared to previous expansions. Inflation is not rampant and the risk of a geopolitical shock impacting demand such as the China trade talks may not be as high as the news may be implying.