As markets continue to flirt with all-time-highs, corporate earnings fade, and valuation multiples approach levels not seen since Alan Greenspan called the market “irrationally exuberant” in 1996. Of course that was then, and this is now. In this week’s Globe and Mail piece we take a closer look at the latest US economic data and consider what it means for markets, and how to position your portfolio for the environment we’re in. Read on:

http://www.theglobeandmail.com/globe-investor/funds-and-etfs/etfs/a-defensive-tack-for-the-late-stages-of-market-cycle/article31706111/