The longest bull market in history is also the best ever. The current market boom, which started March 9, 2009, has enjoyed a whopping 468% gain for the S&P 500 through the first day of November, making this record-long bull run also the best-performing one since World War II, according to The Leuthold Group. CNBC reports:
The S&P 500, which eked out a record closing high Thursday, has soared 472% in this epic run.
The bull market from 1949 to 1956 scored a 454% gain for the S&P 500, the second-biggest return in recent history, the firm said. The explosive bull run in the 1990s saw the S&P 500 rally 391%, while the bull market of 2002–2007 pulled off a 121% gain for the benchmark, according to The Leuthold Group.
More than 10 years off the financial crisis bottom, the market still hasn’t lost its momentum as it currently sits at its all-time high lifted by renewed hopes for a U.S.-China trade resolution.
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