We Are All Momentum Investors Now No Bargains In A Bull Market

Chances are, your stock market investments are probably performing better than they were in the spring of 2020. In the year or so since those miserable lows, the S&P/TSX Composite Index has staged a slow and steady climb of about 28%. In the United States, the S&P 500 index is up 43% over the past year and its long-term chart shows the characteristic parabolic curve of a market bubble. Low interest rates are likely the catalyst. As the impact of the pandemic became apparent last...