It’s official: We’re in the longest bull market ever !!!

Thursday, August 30, 2018 | Leave a comment

At the close of trading in New York today, the stock market will make an impressive milestone. It will set the record for the longest bull market in history. A bull market generally begins when the market rises 20% from the low set at the end of a bear market, which itself is measured by a 20% fall from a previous peak. (There are other ways to measure all this, and other records that can be argued over.) The last low set by the benchmark S&P 500 index was on March 9, 2009. It’s been 3,453 days of fairly steady growth since then, with the S&P 500 climbing by more than 320% over that period. The previous record bull run was set between Oct. 1990 and March 2000. Many people are convinced the end of the cycle is rapidly approaching. Is a correction on the horizon? A long run of loose central bank policies following the financial crisis has helped stretch out this bull market, making stocks more attractive than low-yielding bonds and giving companies leeway to borrow freely. Recently, corporate tax cuts have added another boost to corporate balance sheets. Please contact our firm and find out how you can lock in your gains from the Bull Market success.

Don’t let a correction wipe out what you have earned.

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