JPMORGAN: The stock market's most trusted strategy is on its last legsGet the Full StoryReuters
JPMorgan says a tried-and-true strategy that has supported the almost nine-year bull market is showing signs of fading.
The firm is particularly troubled about a lack of liquidity, which it says is making investors less nimble and exacerbating market moves.
For most of the almost nine-year stock bull market, investors have viewed weak stretches as opportunities to increase exposure.
And can you blame them? The equity market has made a habit of snapping back quickly following sell-offs, which has emboldened traders to buy more on declines, thus perpetuating the cycle.See the rest of the story at Business InsiderNOW WATCH: Why North Korea sent hundreds of cheerleaders to the OlympicsSee Also:JPMORGAN: The stock market's most trusted strategy is on its last legsThere's a hidden market pitfall that could cost stock traders a fortune here's how to avoid itStocks are on pace to shatter a surprising record and it could save the market from disasterSEE ALSO: There's a hidden market pitfall that could cost stock traders a fortune here's how to avoid it