THE BULL TURNS 10Market Commentary |
The bull market will celebrate its tenth birthday on March 9, 2019.
During that period, the S&P 500 Index has increased more than fourfold in value, producing a total return of 410% (17.7% annualized) while rising 314% in price. Concerns over the global economy, along with a potential policy mistake by the Federal Reserve (Fed) and the trade dispute with China, all have many wondering just how much the longest bull market ever could have left in the tank. This week, we’ll show why this bull market is indeed alive and well and could make it to 11 next year.
John Lynch Chief Investment Strategist, LPL Financial
Ryan Detrick, CMT Senior Market Strategist, LPL Financial