What the most bullish of bull markets has taught us
It’s official. The current stock rally that began in March 2009 is now the longest bull market in history.
In that time, the S&P 500 and Dow Jones industrial average have both quadrupled, averaging returns in the neighborhood of 17 percent per year.
Statistically, this could be a once-in-a-lifetime investment cycle (and it isn’t over yet), so it makes sense to review some lessons investors can learn from an unprecedented period of stock market success.