How much further can the US bull market run?

John Tobin of Epoch Investment Partners

John Tobin of Epoch Investment Partners

A bull market in US equities that has run for more than a decade, and generally low volatility over the years, may give investors the impression the ride will never end.

The bull case for US markets would be if economic growth continues as trade disputes get resolved amicably, central banks make deft policy adjustments, and politicians find creative solutions to the Brexit conundrum - which would cement the argument for a prolonged market upcycle. In that scenario, investors may lose sight of company fundamentals. In doing so, they may overlook companies with growing levels of free cashflow and sound capital allocation policies.  US recession checklist: The signs to look out for While these companies may not be as flashy as those currently drivi...

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