The longest bull market in historical past can be the most effective ever. The present market increase, which began March 9, 2009, has loved a whopping 468% achieve for the S&P 500 by means of the primary day of November, making this record-long bull run additionally the best-performing one since World Conflict II, in keeping with The Leuthold Group. CNBC stories:
The S&P 500, which eked out a document closing excessive Thursday, has soared 472% on this epic run.
The bull market from 1949 to 1956 scored a 454% achieve for the S&P 500, the second-biggest return in current historical past, the agency stated. The explosive bull run within the Nineteen Nineties noticed the S&P 500 rally 391%, whereas the bull market of 2002–2007 pulled off a 121% achieve for the benchmark, in keeping with The Leuthold Group.
Greater than 10 years off the monetary disaster backside, the market nonetheless hasn’t misplaced its momentum because it at present sits at its all-time excessive lifted by renewed hopes for a U.S.-China commerce decision.
Leave a Reply