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GFD Blog

How Old Is this Bull Market? 2 years or 9 Years?

Much is being made about the fact that the bull market is marking its ninth anniversary today. The bear market of the Great Recession hit its bottom on March 9, 2009 and has steadily moved up since then, especially in the United States. The bump we hit in February 2018 is now ancient history. Naturally, most market analysts refer to this as an old bull market since it has been moving steadily upward for the past nine years. But how old is it?

Yes, the United States stock market hasn’t had a 20% correction, or even a 15% correction since 2009, but that is not true of the r ...