Happy 5th Year Anniversary Bull Market!
The following is an excerpt from our recent research piece "Happy 5th Year Anniversary Bull Market!" The full report can be found HERE
For the last five years, stocks have been in one of the strongest bull markets we have ever seen, with the S&P 500 rising roughly 183% from the March 2009 lows through March 6, 2014. While this bull market has been powerful, most investors, and even more non-investors, still don’t believe in it. They feel as if it is all a mirage manufactured by central banks around the world and that we are destined to pop this most recent stock bubble, just as we did in the dot.com era of 2000.
On the fifth anniversary of the most recent bull market, we wanted to provide a defense of stock market performance. And since pictures are worth 1,000 words, we are going to let the following pictures, along with just a few of our words, do the talking for us. Hopefully, these visual representations can sway a few of the most skeptical out there to our camp and give stock market supporters a degree of comfort.