Are you worried about the recent sell-off in the stock market? Well, according to market veteran Ken Fisher, there’s no need to panic just yet. In fact, Fisher believes that the recent pullback is actually a sign that the bull market is here to stay and could push even higher.
Fisher, the founder and co-CIO of Fisher Investments, recently spoke to Fox Business Network, where he discussed the current state of the market. Despite the S&P 500 seeing a sharp correction and investors becoming more cautious due to higher inflation, Fisher remains optimistic about the future of stocks.
He pointed out that bear markets typically don’t start with a sudden plunge like we’ve seen recently. Instead, they tend to have more gradual declines that signal a longer-term downtrend. Fisher believes that the current market pullback is just a temporary blip in an overall bullish trend.
While investors may be worried about factors like rate cuts and inflation, Fisher suggests that these concerns may be overblown. He referenced the drop in European inflation as an example of how quickly prices can fall, easing worries about a prolonged period of elevated inflation.
In the end, Fisher’s message is clear: enjoy the current bull market and don’t let temporary volatility scare you away from investing. As we navigate through ups and downs in the market, it’s important to stay focused on the long-term growth potential of stocks.
At Extreme Investor Network, we believe in providing valuable insights and expert advice to help you make informed investment decisions. Stay tuned for more updates and analysis from our team of finance experts. Let’s ride the bull market together and reap the rewards it has to offer!