Economic expansions usually don't go on for this long
We're in one of the longest economic expansions in the last 100 years
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.
- Close-ups of footage said to show Gabby Petito's van near where a body was found appear to show the rear door closing
- Elon Musk pulled his 'last remaining house' off the market after vowing last year to get rid of nearly all his possessions
- It's never been more clear: companies should give up on back to office and let us all work remotely, permanently
- Durex takes down its latest social media post on the bus scene from Netflix’s Sex Education after internet users call it ‘insensitive’
- Three reasons why this might be a good time to buy Bitcoin
- Sony ZV-E10 vlogging camera with interchangeable lens launched in India
- US, India, Japan, Australia to sign pact for stepping up chip production, reduce dependence on China
- Here’s how to schedule an email in Gmail