The stock market just saw its longest bull market run in history.
But strategists, including John Lynch at LPL Financial, stress the U.S. market still has plenty of upside…
The underlying strength in the market on the back of government spending, robust earnings and improving confidence is expected to carry stocks for at least another year, if not longer, he said.
One core reason for Lynch’s upbeat outlook is that he does not see the same types of excesses prevalent at previous market peaks, including obvious signs of recession.
“While this bull market and economic recovery may very well be old, adding it all up, we see few signs that suggest an end is near,” said Lynch.