Originally Posted by
CLT Guy
I believe the current Bull market began on 3/9/09. Yes, it has been several years, but it is not uncommon for them to last 8 years (longest was 9 and change if I remember correctly).
Since the 1870's however, the bull markets have far outweighed the bear, both in duration and in net gains. Sorry, but the bulls always outweigh the bears, and each subsequent bear market is better than the previous.
Except, throughout those periods there has never been a continuous govt. stimulus program where the govt. is giving money to banks to buy stocks. P/E ratios are avg. 17, while the historic avg is 10. There will either have to be more stimulus or the mkt will crash. Our true economic growth is minuscule. What the media is telling you are faniciful numbers cooked up by the govt. Birth-Death model. I say chances are good for more stimulus of some type since it is election yr. and the other countries are doing the same. But it will crash at some point. Endless stimulus will cause too much inflation and that will also halt any growth.