(July 20): It looks like the decade-long bull market in U.S. stocks has more room to run, albeit with less vigor.
That’s the latest view from JPMorgan Chase & Co.’s asset management team, which forecasts U.S. equities could continue to gain for 2 1/2 more years as about half of the indicators the bank analyzes suggest that markets are mid-cycle rather than late cycle. The caveat is that “returns, while positive and indicative of a bull market, will likely not be as high or impressive as in the past,” global market strategist Samantha Azzarello said in an email Thursday.
The S&P 500 Index, up about 5 percent this year, is just one month and three days away from overtaking the longest bull run ever, which ended when the tech bubble burst in 2000. The benchmark for U.S. equities has risen more than fourfold since March 2009.
Created by Tan KW | Aug 26, 2024
Created by Tan KW | Aug 26, 2024
lotsofmoney
I think they mean 3020.
2018-07-20 11:11