Happy Birthday, Bull Market

In addition, if U.S. economic data doesn’t improve in coming months or if the geopolitical situation worsens, stocks and other risky assets may become more vulnerable.

But for now, even after a five-year bull market and prospects for more volatility ahead, I would encourage investors to maintain their emphasis on stocks.

Source: Bloomberg, BlackRock research

Russ Koesterich, CFA, is the Chief Investment Strategist for BlackRock and iShares Chief Global Investment Strategist. He is a regular contributor to The Blog and you can find more of his posts here.