Investors in the US have given up hunting for quality stocks and are simply riding the wave of upward momentum
![](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBDUT09IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--2067432a2fa7f02ff27fb1028d77ab5518bd5d09/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJY0c1bkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--c306068f01ab83c3650795f1865f4e6da1f93433/LWM-icon-equities.png)
Livewire
Investors in the US have given up hunting for quality stocks and are simply riding the wave of upward momentum. The Feds near-zero interest rate turns five years old next month, the longest period without an increase in history. Coupled with more than $3 trillion of asset purchases and it's causing parts of the market to behave strangely. A Goldman Sachs index of companies with weaker balance sheets has rallied 42 percent this year, almost doubling the gain in a measure of more creditworthy firms. At some point we'll have to pay the price of this, said Michael Shaoul, CEO of Marketfield Asset Management. But it's a long way off. I would be very surprised if this bull market ended sooner than 18 months, and maybe it's 36 months, (VIEW LINK)
1 topic
![Livewire News](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBDUT09IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--2067432a2fa7f02ff27fb1028d77ab5518bd5d09/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJY0c1bkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--c306068f01ab83c3650795f1865f4e6da1f93433/LWM-icon-equities.png)
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
![Livewire News](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBDUT09IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--2067432a2fa7f02ff27fb1028d77ab5518bd5d09/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJY0c1bkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--c306068f01ab83c3650795f1865f4e6da1f93433/LWM-icon-equities.png)
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise