Now is the Time to Diversify

walshtradingAsset Management, General Commentary

Now Is the Time to Diversify. With stock valuations historically rich and a substantial amount of uncertainty, we think it makes sense to own some portfolio insurance. According to LPL Financial, the S&P 500 has gone 242 trading sessions without a 3% pullback, the longest streak in history. As seen below, the 10 year cyclically adjusted P/E ratio is in nosebleed …