Longest Bull Market Ever

As LPL Research states, “The bull market continues to defy the skeptics and is now nearing a major milestone. On August 22, 2018, this bull market can overtake the bull market of the 1990s as the longest ever. From tariffs to trade wars to inflation to a flattening yield curve to a global economic slowdown, the headlines continue to cast doubt on the sustainability of this economic cycle and bull market. Although we see several potential stumbling blocks, we continue to believe this economy and stock market rally have plenty of fuel left in the tank.”

Key takeaways include:

  • This bull market may soon become the longest in history.
  • The U.S. economy remains quite strong, with plenty of room for continued growth in our view.
  • Recent stock market gains may be an indication of continued bullish momentum over the rest of 2018.

To read more from John Lynch, Chief Investment Strategist, and Ryan Detrick, CMT Senior Market Strategist, LPL Financial, click here.