The U.S. stock market closed at yet another record all time high on Wednesday. But despite the seemingly unending investor optimism more than five years into the current bull market, some worrisome issues are continuing to build under the surface. Like all past bull markets, the latest episode will eventually come to an end and a new bear market will begin. It may begin tomorrow, sometime before the year draws to a close, or perhaps even longer. But once it begins, the next bear market has the potential to be even worse than the two previous downturns since the start of the new millennium.
Please click on the link to read more of my article on Seeking Alpha.