Mark Hulbert: Here’s why the stock bull market is alive and well

CHAPEL HILL, N.C. — Contrarian analysis suggests the bull market remains alive and well.

That’s because a good portion of the market-timing community recently turned cautious, if not outright bearish—thereby going a long ways toward rebuilding the veritable Wall of Worry that bull markets like to climb.

Keep this in mind as you worry about what the Federal Reserve may do at this week’s interest-rate-setting meeting or bite your nails about the outcome of the presidential election. The rebuilding of the Wall of Worry means a lot of bad news is already priced into the market, which in turn suggests you might even consider stepping up to the plate to buy more stocks if unexpectedly “bad” news were to come to pass and the market sells off.

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