The elevation in U.S. stocks this week added a new credential to the ongoing bull market: third strongest ever.While the S&P 500 Index’s rally has stalled just shy of 2,500, it’s sitting a hefty 269 percent higher than its March 2009 nadir, surpassing the 266 percent advance notched during the 1949 to 1956 bull market, data compiled by S&P Dow Jones Indices and Bloomberg show.
Source: S&P 500’s Bull Market Gets a New Title: Third Strongest Ever – Bloomberg
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Craig Erlam
His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.
Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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