Most of the time, the current crop of investors expects the market to go down. It has no illusions. Stocks are an inherently risky and the most dangerous of asset classes. Savers feel stuck with equities and those who espouse their positives often look like self-serving quacks. It wasn’t always like that. Back when bulls were everywhere From the time the great bull market began in 1982 until the financial collapse of 2007, we pretty much assumed stocks would always go higher. It was the only game in town. The greatest story ever told. The democratization of finance. The belief in the inevitability of stocks’ upward trajectory was rivaled only by the love for it. During the bull market’s heyday, tr …
