Three years ago today we marked the bottom of the bear market of 2008-2009. I remember the day very well. In fact, it will make the list of “Top 10 Days I Will Never Forget in My Investment Career.” Read my story here and find out why I will never forget March 9, 2009.
Three years ago today also marks the beginning of the current bull market. The current bull market now ranks as the ninth longest bull market ever. It is also the only bull market in history that lasted three or more years and was up 100% or more during the first three years. [Source: Bespoke]
By the way, Josh reminds us that all the main US stock indices have done better than Gold since the crisis ended in 2009.
So, Happy Birthday Bull Market! You are welcome to stick around for awhile:)