The bull market started March 9, 2009, 10 years ago Saturday. The S&P 500 had dropped to a close of 676 in the midst of the financial crisis, 2,072 points or 75% lower than its current 2,748 level.
Given that the Federal Reserve has quintupled the size of its balance sheet in the intervening years, and that the heavy regulatory hand of the Obama administration gave way to a more salubrious attitude toward commerce under President Trump, perhaps the duration and the magnitude of the current bull market shouldn’t surprise us.Chief White House economist Kevin Hassett was right about growth in 2018. Former Obama and Clinton adviser Larry Summers wasn’t.
Why do we care? It’s not like running is a possibility for this inanimate object. Or is it? Why is this news? So many questions....
It seems as though the bull is STUCK at “On Your Marks” and still negotiating the best deal ever!
In Opinion: its call economic balancing, no matter to what extent one massages the ratio's on the balance sheet.
The mood should be fear of the guillotine.
There’s another crash in our near future (could be in a year, could be longer) caused, as always, by the greed and shortsightedness that’s so pervasive in the financial industry. Their reckless disregard will break the world (again) and regular people will pay the price (again)
Lets do this!
I can say alot about wall streets and the capitalist finance of our times but some last touches remain and also im in da process of chosing a correct journal for it... what do u suggest dear...
Wall Street knows the GOP tax scam was just that. It provides no long term growth and simply exacerbates wealthy inequality. Wall Street knows trump is economically pissing in the wind. Obama’s headwind is undermined by trump incompetence.
According to the Kondratieff Wave Theory we are now in a Secular Bear Market and a Post Bubble Economy which means an Economic Depression and then a World War
Please. Momentum is fickle and ever changing.
There is too much liquidity in the market still. Cutting taxes with full employment was beyond stupid. Interest rates haven’t stopped going up, and until all that cash finds a home they won’t. You need cheap credit for bull markets. We are years away from that right now.
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside a Decadelong Bull RunThe U.S. bull market turns 10 years old Saturday, underscoring the resilience of a rally that has persisted despite tepid global growth, anxieties about central bank policies and mounting trade tensions. Share market & similar markets only show how many fools play a game which they do not know! If you wish to play against giants on a regular basis to make money, you should not get fooled by the graphs deliberately manipulated to fool you. Get some tips from me if you must gamble! Skyrockets after 2017...
Source: WSJ - 🏆 98. / 63 Read more »
Robert Shiller: Self-fulfilling prophecy of recession could ruin bull run—not a specific eventYale's Robert Shiller says growing worries about a recession could make one come sooner — even if there isn't a specific event to spark it. Hahaha Really no kiddin CNBC has been predicting a recession as soon as Trump became president. And here we are 2.5 years later with the lowest unemployment rates and fastest wage growth in decades. CNBC would prefer Americans suffer than admit Trumps success. Enemy of the people.
Source: CNBC - 🏆 12. / 72 Read more »
One stock, up 7,500% since financial crisis lows, has more room to run, technician saysConsider it an Ulta-mate rally. Shares of Ulta have roared 7,500 percent in the past 10 years, and one technician expects more gains.
Source: CNBC - 🏆 12. / 72 Read more »
Here’s why lessons learned from the 10-year bull market in stocks could hurt youHere's why lessons learned from the 10-year bull market in stocks could hurt you, says TheAroraReport:
Source: MarketWatch - 🏆 3. / 97 Read more »
Opinion | Eric Holder: I won’t run, but I will fight to elect the right Democratic presidentEric Holder writes for The Post: I won’t run, but I will fight to elect the right Democratic president Sedition is still punishable by death. We have witnessed an attempted coup to a duly elected president. He still has a problem with his lying to congress and withholding evidence on the fast and furious thing Coming from the man who was held in contempt of Congress. Didn’t he also oversee fast and furious gun smuggling?
Source: washingtonpost - 🏆 95. / 72 Read more »
Opinion | Hickenlooper is off and runningOpinion: Hickenlooper is off and running. And for Trump, he was unsparing. Hickenlooper is the face of the New Democratic Nazi Party
Source: washingtonpost - 🏆 95. / 72 Read more »
Opinion | Why subpoenaing the Trump Organization won't be as simple as it soundsOpinion | Carol C. Lam: Trump Organization subpoenas look increasingly likely. But summoning witnesses isn't always simple. - NBCNewsTHINK THINK THINK THINK
Source: NBCNews - 🏆 10. / 86 Read more »
Opinion | Why are progressives more focused on disagreeing with Trump than countering a dictator?The proper response is not to castigate Trump for opposing the strongman in Venezuela but to urge him to do more to oppose other despots. TDS Why are liberal media more focused on defending the empire than anything else?
Source: washingtonpost - 🏆 95. / 72 Read more »
Opinion | A centrist Democrat explains why it’s time to give the left a chanceOpinion: A centrist Democrat explains why it’s time to give the left a chance The Left are domestic terrorists NeverAgain Trump! Trump 2020 landslide incoming . Yeeee!
Source: washingtonpost - 🏆 95. / 72 Read more »