This Saturday, March 9, 2019, marks the 10-year anniversary of the end of the worst bear market for U.S. stocks since the Great Depression.
Although at that time no one could have imagined we’d be looking at the longest bull market ever 10 years later, it’s important to note that this might be the longest bull market to date, but it hasn’t had the largest gain. “Yes, in terms of duration this is the longest bull ever, but in terms of magnitude, the 1990s bull market was actually more than 100 percentage points above the current bull market,” explained Senior Market Strategist Ryan Detrick, “potentially suggesting that this bull market might not be as strong as many think.”
As the LPL Chart of the Day shows, this bull market is about to hit 10 years, making it the longest bull market since World War II (WWII). For more of our thoughts on this bull market and why we think it will make it to 11 next year, be sure to read our Weekly Market Commentary: The Bull Turns 10.
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