Market has pricey parts but bull market isn't over, says The Carson Group's Ryan Detrick

Market Sentiment - A recent poll indicated that 48.8% of respondents believe the stock market is in a bubble, while 51.2% disagree, suggesting a divided sentiment among investors [2][10] - Despite concerns about a potential bubble, there is a prevailing optimism as many investors continue to engage in the market, indicating a willingness to invest even among those who perceive risks [10][11] Bull Market Analysis - The current bull market is in its fourth year, with historical data showing that five bull markets in the last 50 years have lasted this long, typically reaching at least five years, with an average duration of eight years [3][4] - The market is described as a "cruise ship," suggesting that once it gains momentum, it is difficult to slow down or reverse [4] Performance Indicators - Historical data shows that when the market is up at least 10% going into November, it has ended higher in the last 14 occurrences, and when up 15%, it has ended higher 20 out of 21 times [6][7] - The market is currently up 15% as of November 1st, which aligns with these positive historical trends [6] Global Market Context - The U.S. market has performed well, but many global markets have outperformed it, indicating a broader global bull market and opportunities for investment outside the U.S. [12][13] - The company has increased its international exposure in its portfolio, now holding about 19% in developed international equities, compared to previous years [13][14]