Skip to comments.The bull market at 5: Not old yet
Posted on 03/06/2014 8:02:36 AM PST by Red in Blue PA
The stock market bulls have had the upper hand on the bears for nearly five years, and they may be just getting started.
Sunday marks the fifth anniversary of the day the stock market hit its lowest point during the financial crisis and Great Recession.
The fact that the rally is about to turn five has some investors wondering if stocks can keep going much higher.
But previous bull markets, which are broadly defined as a period where the S&P 500 gains 20% or more without a decline of 20% in between, have gone on longer than the current one.
(Excerpt) Read more at finance.yahoo.com ...
I am so sick of hearing this “Great Recession” cr*p....it’s the Democrat’s policies that have us where we are
25% of our workforce out of work.
25% of our workforce making 50% of what they did five to ten years ago.
You know folks, there comes a point when the pretenses lofted by the government and the media betray them for who they really are.
In this instance it’s who they really aren’t that counts.
Thy aren’t in our corner. AT ALL, NOT EVEN THE SLIGHTEST BIT
“25% of our workforce out of work.
25% of our workforce making 50% of what they did five to ten years ago.”
They (George H.W. Bush, Bill Clinton, and George W. Bush) told us the economy would boom when we eliminated tariffs and gave American workers the opportunity to compete with slave labor in foreign countries. They were correct. Wall Street and multinationals shut down the US factories, moved the capital investment and jobs to China, and the Chinese economy boomed.
We now live with the consequences. Obama is just piling on by destroying small business with high marginal tax rates and Obamacare and the energy industry with taxes and regulation.
This is one of those “please hold this bag” stories designed to get the public in as the institutional investors quietly make for the exists.
That’s my take as well.
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