No matter what you read in financial media no bull
No matter what you read in financial media no bull market has ever died of old age. It makes for an interesting data mining experiment to compare the duration of historic bull markets but it’s simply not an actionable piece of information.
For those of you who think otherwise it’s going to be a long ten years, at least as far as Brian Belski of BMO Capital Markets is concerned. Belski thinks the current bull has at least another decade of 10% annual returns in it. In the attached clip he lays out his case.
“We’ve been on record since the 4th quarter of 2008 saying that U.S. stocks were entering a 15 to 20 year bull secular bull market. While people have come around to being more bullish I don’t think people believe we have another 10 years left.”