Barry Ritholtz, Columnist

This Bull Market Is Powered by Your Indifference

As long as so many people keep saying "this will end badly," stocks could still have a long way to run.

July 22, 2016 at 4:18 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

You really want to fight this one?
Photographer: Ander Gillenea/afp/getty images

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It’s the second-longest bull market in history. Stocks are expensive. This is the top.

At least, that is what I keep hearing -- from asset managers, traders and, of course, the news media. I’m not hearing much from the public, which seems to have lost interest in the entire stock-picking/trading/market-timing/macro-event thing, and are focusing instead on making regular contributions to mutual fund indexes via Vanguard and Blackrock.