The stock market's gain in the last 10 years is one of its best runs since the 1800s

  • 📰 CNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Ten years off the financial crisis bottom, the stock market pulled off a record-long bull run and scored its best decade in nearly 140 years.

div > div.group > p:first-child"> Ten years off the financial crisis bottom, the stock market scored one of its best decades in nearly 140 years.

"Then that transitioned to something more traditionally sustainable, which was an economic resurgence. We saw that in the middle of the decade. And then tax cuts created a earnings-based bull market," he added. After this historic decade-long run, there are signs that enthusiasm could be waning. Investors have pulled money from the stock market so far this year. Citi's equity strategist Robert Buckland called stocks' 2019 rally a"flowless" one as the market shoots up despite a whopping $31 billion net outflows from equity funds. Buybacks, instead of investor inflows, are now driving the market, Buckland said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Stocks From 1800's To Now Added: Industrial and Innovations!

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Just 10 stocks have accounted for a quarter of the 10-year bull market's returnThe bull market's historic 10-year run is due in large part thanks to the success of a handful of high-powered stocks, Goldman Sachs calculates.
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street's oldest-ever bull market turns 10 years oldA savvy investor who managed to time the start of Wall Street's bull market... You can send all thank you cards to realDonaldTrump That low leaves a lot of room to grow! Pre-Trump
Source: Reuters - 🏆 2. / 97 Read more »