It’s official. This Bull Market is now the longest lasting in American history. The S&P 500 entered October near all-time highs. This Bull is now 9 years, 7 months old and counting. Born in the ashes of the Financial Crisis in 2009, this Bull has outlasted the near 10-year run for the Dotcom Bull which ended in 2000. To understand this Bull, one must remember its origin to make sense of its character. The wounds from the Financial Crisis are still raw, even a decade later. Trust and optimism are not pervasive. This is often referred to as the most hated Bull Market in history.
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