Economic expansions usually don't go on for this long
Advertisement
We're in one of the longest economic expansions in the last 100 years
Advertisement
72 months to be exact. That's way above the median length of 37 months.
In fact, KKR's Henry McVey believes that the US economic cycle right now is "somewhere between its middle and later stages." And that means it may be prudent for investors to scale back on some risk.
"In our humble view, now is the time ... to start peeling back some of the more speculate positions in one's portfolio," McVey writes.
Advertisement
Advertisement
- 10 Ultimate road trip routes in India for 2024
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days