The bull market is about to turn 10 years old and investors think it could go at least another year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The stock market's long bull run got a new lease on life after December's wipe out and could now carry on for an eleventh year, as long as an economic recession does not materialize.

The stock market's long bull run got a new lease on life after December's wipeout and could now carry on for an eleventh year, as long as an economic recession does not materialize. March 6, 2009 was the day the S&P 500 plunged to its financial crisis intra-day low of 666. Nearly 10 years later it's regained 313 percent and is the longest running bull market in history.

"The sell-off created some real value, and the other key thing, probably the most important thing is the Fed went from potentially being our enemy, which was going to raise rates until something broke," said Ed Keon, chief investment strategist at QMA. Now the Fed is saying it will pause, and has also shown a willingness to end the roll down of its balance sheet, he said.

Emanuel said the signs of progress on the trade talks has been helping risk assets."There's going to be a deal. There's going to be a promise of further talks. It's going to keep going. It's going to stabilize things as well. You're seeing it in the Chinese equity market. You're seeing it in the Chinese currency market.

 

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

By “investors”, we mean advertisers hope you keep watching and trading.

realDonaldTrump needs to get elected and he is solely being judged by the markets (his scorecard), he's already run rickshaw over Pussy Powell, he'll do what it takes to WIN!

Wasn’t the correction in late 2018 bear territory?

Short it!

One more year would be swell.

Worthlessness of public opinion can not be overrated

Historic stuff. Shortest bear market EVER lmao

Dump it

Investors is another word for speculators.

Or not...

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Here's exactly how much you'll pay your mortgage company over 10, 15, or 30 yearsUsing the standard mortgage calculation formula, we estimated how much mortgage borrows will pay their mortgage providers over time.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Apple has been dethroned as most innovative company — here are the top 10, from Fast CompanyApple is no longer the No. 1 innovative company in the world, according to the latest ranking by Fast Company. The new list for 2019 is now out — and has non-U.S. companies in the top two spots. MakeIt
Source: CNBC - 🏆 12. / 72 Read more »