The revelers insist that the bull market began on Mar. 9, 2009. Yet that bull market came to an end long ago. If we’re even in a bull market right now — and that is not for sure — an argument can be made that it’s less than three months old.
The third possibly came between May 2015 and February 2016, when the Russell 2000 index RUT, -2.01% — though neither the S&P 500 SPX, -0.65% nor the Dow Jones Industrial DJIA, -0.52% fell by more than 20%. Why does the bull market’s age matter? One reason: Some worry that bull markets die of old age. If indeed this bull market began in March 2009, it would be one of the oldest in U.S. stock market history — and, therefore, so the worriers believe, ripe for an early death. In fact, as mentioned above, it’s not even sure we’re in a bull market right now, but if we are it’s just three months old.
MktwHulbert Looks like the Bull Market lied about it age.
MktwHulbert This is a reason why the bull will last longer than most yap boxes think.
MktwHulbert Gmta
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