Summary: Simon reviews a "bull market check-list", market and economic sign posts that "flashed red" at important market tops in 2000 and 2007. None are all that worrisome at this point. With this in mind, he looks at the historical precedent for investing near all-time highs and finds that investors are generally better off investing than waiting for a major pullback. He also looks at the current market backdrop including sector rotation and the reaction to the impeachment inquiry. He makes the case for AVGO and FDX as long-term value investments.
