I keep hearing the financial media and people like me suggest we are 10 years into a bull market. That is just incorrect. There was a 19.8% and 20% drop in the S&P 500 (SPX) in 2011 and 2018, respectively. Have any of the folks that quoted the dramatic bear market last year (that are now suggesting such a long bull run) considered that maybe we are 3 months into a NEW cyclical bull market?
Past performance is not a guarantee of future results. Index returns are unmanaged and do not reflect the deduction of any fees or expenses. All data points are sourced from Bloomberg as of 3/12/19 unless noted otherwise.
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