100 Year History of the DOW - Truths and Myths
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How's everyone doing on this fine Monday morning? Stocks opened higher once again following some new all-time highs last week. It just doesn't seem anything can get in the way of the longest running bull market since I've been around stocks.
There's a lot of talk this morning about the crash of 1987, which occurred 30 years ago this week, but nobody seems to be talking about the fact that once stocks bottomed back in 1987, they went on a 12 year bull run. Well, this year marks the 8th year stocks have managed to make new all-time highs.
Could we have at least another four years of this then? Remember, when it comes to the stock market, anything is possible. So for all of those back-up players who've continued to sit on the sidelines, they might even be sitting on the sidelines for another four years. That's a lot of money to be made between here and there - that's for sure.