History and Bull markets

Until this week, the longest bull market in history (and the greatest in terms of gains enjoyed by investors) lasted from November 1990 to March 24^th 2000 during the great tech bull market.   It lasted 114 months and provided total returns 546%. 

The current bull market began in March 2009 following the great recession that laid waste to several major banks and businesses and erased 50% of the S&P 500’s value.  Things looked grim and people spoke of the great recession turning into a depression.   But, the economy finally began to recover from the financial crisis of 2007-2009 and roared ahead to this day.

This week, the current bull market eclipsed the former bull market record in duration and is now the longest in history.    While it’s impossible to predict when bull markets will end, it’s good to know that the current record bull run has a backdrop of solid economic growth underpinning it.    Clearly some kind of celebration is in order after what investors endured during the financial crisis.

“History may not repeat exactly, but it does often rhyme”

Source:   LPL financial and FACT SET