Aging bull set to celebrate 7th birthday
It's often said that bull markets don’t die of old age. That’s a good thing. Why? Because the current stock market bull, which was born on March 9, 2009, three months before the official end of the Great Recession, celebrates its 7th birthday Wednesday, a long life only two other bulls have enjoyed.
Still, despite the fact the bull sported a 215% gain back in May when the Standard & Poor's 500 index posted its last closing high – which ranks 5th best of all-time, according to S&P Dow Jones Indices -- and has lived a full 84-month life so far -- about two years longer than the... read more