Wednesday, August 22, 2018

How Does This Bull Market End?

Welcome to what is poised to be-by most counts-the longest bull market on record in the U.S. For roughly 3,453 days the S&P 500 has been on a mostly steady upward trajectory . To many, these prolonged gains are unambiguously good news, particularly when combined with an economy that is strong and stable-which this one is. The market rally has resulted in gains of more than 300 percent and trillions of dollars for investors since the nadir of the Great Recession nine-and-a-half years ago. How did we get here? There are some who will undoubtedly thank the president. And it's true that......(read more)
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