Investing

Market milestone Today: This is the longest bull run in history

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  • Sep 29th, 2018 12:12 pm
[OP]
Sr. Member
Nov 17, 2014
762 posts
218 upvotes

Market milestone Today: This is the longest bull run in history

The slow-but-steady economic recovery, coupled with unprecedented aid from the Federal Reserve, catapulted the Dow from around 6,500 to nearly 26,000 (up 400%) today. The S&P 500 has quadrupled from its 2009 low of 666 to 2,861 (up 430%) today.
https://money.cnn.com/2018/08/22/invest ... index.html

How high and how long the index will go?

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9 replies
Deal Addict
Jan 20, 2016
1822 posts
769 upvotes
Houston, TX
Beefeater wrote:
Aug 22nd, 2018 11:01 pm
The slow-but-steady economic recovery, coupled with unprecedented aid from the Federal Reserve, catapulted the Dow from around 6,500 to nearly 26,000 (up 400%) today. The S&P 500 has quadrupled from its 2009 low of 666 to 2,861 (up 430%) today.
https://money.cnn.com/2018/08/22/invest ... index.html

How high and how long the index will go?

Image
I love to read this brainwashing MSM :) they changed a tune every day, if not an hour.
coupled with unprecedented aid from the Federal Reserve
gone few years ago, no? QE is not in place since 2015 (which is probably the case to end of previous bull run from 2008)

Feds are increasing rates almost for two years now and reducing balance sheet but indexes are still climbing, why?
longest bull run in history
- not really, if you take a look on a graph and notice this ~20% drop happened in 2015-2016

IMO the previous bull run died in 2015 lasting his "normal" 7 years (with corp earning recession etc), and new one started winter 2016, and this is quite in line with other metrics.

Thus we're (USA to be correct) just in the middle of bull run, not the end of it.

P.s. it still not the longest one as it was in 198x afaik...just again, depends how to define it and what to measure to determine start and end...
Make the Trudeau drama teacher again!
Member
Mar 6, 2017
220 posts
93 upvotes
also it doesn't show in the stock market but crypto was a big crash last year as well that would've dragged things down too
Deal Addict
Dec 28, 2008
1348 posts
135 upvotes
Toronto
I would advise against measuring the start of a run from the bottom.
Deal Addict
Apr 25, 2006
4791 posts
441 upvotes
I'm ready for SPX short!
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
Deal Addict
Jul 23, 2007
3565 posts
1391 upvotes
Seems to me a longer U.S. bull market started right after the crash of 87 and lasted until early 2000....and yes I was invested in a small way in equities before and through that time period and beyond.

As in everything else in investing, it's all time dependent.

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