Longest Bull Market On Record

Check out the accompanying pdf and chart collection. (1) S&P 500 immune to Delta variant of Covid? (2) Pace of vaccinations likely to quicken as Delta makes the evening news. (3) Fed policy not immune to Delta. (4) Comparing the current meltup to the 1999 ascent. (5) Earnings meltup has been leading stock prices higher since last spring. (6) S&P 500 forward P/E still stuck at 22.0. (7) Analysts’ consensus long-term earnings growth expectations are broadly insanely high. (8) The Mag-5 continues to set the fashion trend for all the major investment styles. (9) Amazingly wide spread between forward P/Es of S&P 500 LargeCaps and S&P 400/600 SMidCaps. (10) Movie review: “The Mosquito Coast” (+).