This bull market still has legs, so stand still

“DON’T just do something. Stand there!”

Legendary US investor Jack Bogle’s words are sage investment advice when a bull market wiggles, as it is doing now.

I have long called the stock market The Great Humiliator. It is again trying to shake the timid from its nascent upturn with scary stories about China weakness, declining global trade and slumping Singapore dealmaking activity.