Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Bull Market Five Years On: Still Celebrating
WSJ ^ | 8 Mar 2014 | E.S. BROWNING

Posted on 03/09/2014 8:14:23 AM PDT by shove_it

To Continue Gains, Stocks Are Liable to Rely More on the Economy Than Fed Support and Need Higher Corporate Profits

As the bull market turns five years old, stock investors have a lot to celebrate.

The Dow Jones Industrial Average has soared 151% since stocks bottomed March 9, 2009, following the financial crisis. That ranks it fifth in gains among the 32 bull markets since 1900.

It also is tied for fifth-longest-running, in trading days, with the one that ended in 2007, according to Ned Davis Research.

If the current stock advance lasts another 16 trading days, it will be the fourth-longest, surpassing the one that ended in 1987...

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS:
Navigation: use the links below to view more comments.
first 1-2021-33 next last
Five years old today - HAPPY BIRTHDAY! YIPPEE!
1 posted on 03/09/2014 8:14:23 AM PDT by shove_it
[ Post Reply | Private Reply | View Replies]

To: shove_it
sure, as long as the presses roll, it will continue...

2 posted on 03/09/2014 8:16:58 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
[ Post Reply | Private Reply | To 1 | View Replies]

To: shove_it

I’m not buying it, either figuratively or literally.

The stock market today is nothing more than a heroin addict, with a very generous pusher.


3 posted on 03/09/2014 8:16:59 AM PDT by fwdude ( You cannot compromise with that which you must defeat.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: shove_it
Five year bull market?

I don't think of it that way. We're five years in recovery from a crash...there is no where to go but up.

On top of that, Obama has done everything he can to kill the U.S. economy.

The real bull market will be that period following the election of a conservative, pro-business president!

4 posted on 03/09/2014 8:19:28 AM PDT by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Chode
Play Money
5 posted on 03/09/2014 8:20:12 AM PDT by fwdude ( You cannot compromise with that which you must defeat.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: shove_it

This would be good news if the federal government weren’t screwing around with the market. I can’t have any faith in this market.

My perception is that the whole ball of wax depended on whether the government could convince folks it was sound.

Well, they did, for the most part. I’m not buying it.

How much of the market is owned by our federal government? I don’t know. If I did, it might scare the hell out of me.


6 posted on 03/09/2014 8:24:56 AM PDT by DoughtyOne (Immigration Reform is job NONE. It isn't even the leading issue with Hipanics. Enforce our laws.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: shove_it

Yep, its been good. Thank God for capitalism!


7 posted on 03/09/2014 8:27:15 AM PDT by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
[ Post Reply | Private Reply | To 1 | View Replies]

To: shove_it

Are the numbers adjusted for inflation? If not, then they have to be adjusted.


8 posted on 03/09/2014 8:27:48 AM PDT by I want the USA back (Media: completely irresponsible traitors. Complicit in the destruction of our country.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: fwdude
100%
9 posted on 03/09/2014 8:30:39 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
[ Post Reply | Private Reply | To 5 | View Replies]

To: shove_it

With interest rates so low there is nowhere else for money to go. In cash you lose to inflation. In bonds you will get hurt as interest rates rise. I see no other option but a conservative amount in stocks to stay afloat with lots in cash and a lot in low interest bearing instruments which is almost cash. One has to be able to ride the roller coaster for the stock portion. There are few options to park the money. Of course I am older and concerned with protecting what I have. If you are young you have more freedom to invest more aggressively.


10 posted on 03/09/2014 8:30:40 AM PDT by plain talk
[ Post Reply | Private Reply | To 1 | View Replies]

To: fwdude

That’s a valid concern. Larry Kudlow had a couple of guests on his radio show who brought a different perspective. Their general point was that the strength of the stock market is real, and it’s driven mainly by the ability of these large companies to increase profits dramatically with very little increase in their costs. Basically, there is such a glut of labor for many of these industries that a company can increase its productivity without hiring more workers or paying their existing workers more money.


11 posted on 03/09/2014 8:37:01 AM PDT by Alberta's Child ("I've never seen such a conclave of minstrels in my life.")
[ Post Reply | Private Reply | To 3 | View Replies]

To: shove_it

Just keep pumping Mr. Fed! What could go wrong...


12 posted on 03/09/2014 8:41:05 AM PDT by miliantnutcase
[ Post Reply | Private Reply | To 1 | View Replies]

To: plain talk

With interest rates so low there is nowhere else for money to go.


That is my observation also. But to counter this, there is a lot of money parked yet, looking for a place to land.

Another counter is that if the government does take over the retirement industry, exactly who is going to be buying the stock in my retirement plan. To paraphrase the Vampire economy regarding German stock trading in the late 30.s , “The stock market was still active but everyone knew it was a lie.”

But wealth does not provide cash anymore. A million dollars will only provide $10,000 of income, you have to think about that awhile.


13 posted on 03/09/2014 8:45:03 AM PDT by PeterPrinciple
[ Post Reply | Private Reply | To 10 | View Replies]

To: Chode

Indeed once the presses stop the tumble starts.


14 posted on 03/09/2014 8:47:16 AM PDT by Vaduz
[ Post Reply | Private Reply | To 2 | View Replies]

To: Vaduz
and i used to think the WSJ was on the ball...
15 posted on 03/09/2014 8:49:43 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
[ Post Reply | Private Reply | To 14 | View Replies]

To: RoosterRedux
It looks real toppy to me ...

Volume is dropping.

16 posted on 03/09/2014 9:07:52 AM PDT by shove_it (long ago Orwell and Rand warned us of ObamaÂ’s America)
[ Post Reply | Private Reply | To 4 | View Replies]

To: RoosterRedux

I’d say courtesy of about 5 years of $85 Billion per month feeding the market through purchase of MBS’s and T-Bills.

FIVE TRILLION DOLLARS OF OUR MONEY. What’s not to be ‘Bull’ about that?


17 posted on 03/09/2014 9:09:23 AM PDT by Gaffer (Comprehensive Immigration Reform is just another name for Comprehensive Capitulation)
[ Post Reply | Private Reply | To 4 | View Replies]

To: shove_it

Oh that John Semmens and his . . . wait, what? This isn’t satire?


18 posted on 03/09/2014 9:11:26 AM PDT by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Chode

Yep. Remove the illegal $4+ trillion the fed dumped into the markets and test what the valuation would be. Remove the $18+ trillion in debt and watch the markets tank. Remove the $4 trillion annual budget and watch the markets tank.


19 posted on 03/09/2014 9:13:16 AM PDT by CodeToad (Keeping whites from talking about blacks is verbal segregation!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: CodeToad
i guess the WSJ is just another mouth piece for the mutt in the white hut now
20 posted on 03/09/2014 9:19:19 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-33 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson