Don’t look now, but on August 22, 2018, this current bull market will top the 1990s bull market as the longest ever. However, be aware that the 1990s bull market saw the S&P 500 Index gain 417%, while the current bull market is up approximately 320%—so you can’t call this the greatest bull market…yet.
“Age is just a number,” explained LPL Research Senior Market Strategist Ryan Detrick. “The oldest man and woman in America are 112 and 113 years old, respectively; and the man smokes 12 cigars a day! Similarly, I think this bull market could surprise us and maybe last much longer than most think, particularly since we see few signs of smoke in the economy. In fact, the benefits of low inflation, strong corporate profits, and fiscal stimulus all suggest that this bull has plenty of tricks left up his sleeves.”
Be on the lookout for our latest Weekly Market Commentary due out later today, where we take a closer look at this current bull market and why it could have plenty of room to run.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual security. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. The economic forecasts set forth in this material may not develop as predicted.
All indexes are unmanaged and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. All performance referenced is historical and is no guarantee of future results.
Investing involves risks including possible loss of principal. No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments.
This research material has been prepared by LPL Financial LLC.
To the extent you are receiving investment advice from a separately registered independent investment advisor, please note that LPL Financial LLC is not an affiliate of and makes no representation with respect to such entity.
The investment products sold through LPL Financial are not insured deposits and are not FDIC/NCUA insured. These products are not bank credit union obligations and are not endorsed, recommended or guaranteed by any bank credit union or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.
For Public Use — Tracking # 1-759412 (Exp. 05/19)