Will Eight Be Great For The Bull?
The bull market turns seven. Last Wednesday, on March 9, 2016, the bull
market officially celebrated its seventh birthday. During that seven-year period,
the S&P 500 nearly tripled, gaining 194% in price and producing a total return
of 241%. Although our expectations for the stock market in 2016 are for only
modest S&P 500 gains, we do not see the warning signs that have signaled
the end of past bull markets and would not be surprised at all if the current bull
market celebrates its eighth birthday one year from now.