Rise of the stock-market bear

Illustration: Lazaro Gamio/Axios

Investing bears have spent the past several years getting stomped by the bull market, but expect their negative roars to begin getting louder. Particularly after next month, when the current economic expansion officially becomes the second-longest in American history.

Be smart: No one ever correctly predicts the specific end of a market cycle. This is more if than when, and data points are giving the naysayers more courage of their convictions.