1. Current Stock Bull Market Longest in US History

2. Forecasters: Stock Bull Market Has Further to Run

3. Another Government Shutdown Possible on October 1st

4. NY Governor Cuomo Says America “Was Never That Great”

Overview

The current bull market in US stocks began on March 9, 2009 and tomorrow it will become the longest bull market in America’s history. The S&P 500 Index has advanced over 320% since its low in 2009. And most forecasters believe the market has further to run.

Following that discussion, we’ll look at the likelihood of another government shutdown on October 1. And finally, we’ll look at some truly disgusting and unpatriotic remarks made last week by New York Governor Andrew Cuomo. Let’s get going.

Current Stock Bull Market Longest in US History

Tomorrow, August 22, the current bull market in stocks will become the longest in US history. Barring a breathtaking plunge today or tomorrow, the bull market in US stocks is about to become the longest in history, and optimistic investors argue it still has a long way to go before it ends.

The bull has thrived amid a decade of financial and political upheaval, thanks in part to the all-you-can-eat liquidity feast hosted by the Federal Reserve and other major central banks. Now the Fed has shifted to a tighter monetary policy regime even as the same risks that have dogged this market over the years, including elevated valuations, persist -- prompting some pundits to predict an imminent demise of the bull. But that hasn’t happened.

Since March 9, 2009, which marked the low of the financial crisis/recession, and which many consider the birthdate of the current bull market, the S&P 500 Index (SPX) has advanced over 320%, the Dow Jones Industrial Average (DJIA) has risen over 286% and the Nasdaq Composite Index has soared over 521%. Below you can see the lengths of several prior bull markets.

Longest bull market ever

Forecasters: Stock Bull Market Has Further to Run, But…

Most stock market forecasters I read agree that this bull market has further to run. Many believe the S&P 500 Index, currently around 2,850, will top 3,000 before the end of this year. One well-known equity strategist, John Lynch at LPL Financial, argues that the US market still has plenty of upside.

“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,” Lynch wrote recently.