PROTECT YOUR WEALTH

The last two years of the Biden Administration have been blissful for stock investors.

- PETE REYNOLDS

The S&P 500 has gained 60% and the tech stock-heavy Nasdaq 100 has nearly doubled. Bitcoin is up fourfold. But history teaches us that bull markets don't last forever, and when they fall it can be ruinous to nest eggs and 401(k)s. There are plenty of potential dangers, from interminable wars to intractable budget deficits. And stocks may already be overpriced: The S&P 500's PE ratio is currently more than double