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Wall Street's oldest-ever bull market turns 10 years old
(Reuters) - A savvy investor who managed to time the start of Wall Street's bull market a decade ago - and hold on since then - would now be sitting on a handsome windfall.
Born in the ashes of the financial crisis, Wall Street's oldest-ever bull market turns 10 years old on Saturday, with the S&P 500 tripling in value and amply rewarding investors who have owned funds tracking the index for that period.
The S&P 500's post-crisis low close was 676.53 points on March 9, 2009. During the previous session on March 6, it touched an intraday low of 666.79, which came to be know as the "devil's low."
On Friday, the benchmark index closed at 2,743.07, down 2 percent for the week.
Extraordinary efforts by the U.S. Federal Reserve to foster an economic recovery from the financial crisis through asset purchases and rock-bottom interest rates have provided essential support for the market during its bull run. Sweeping corporate tax cuts passed by President Donald Trump fueled market gains for much of 2018, before a steep sell-off starting in September that raised fears the bull run was coming to the end.
(also remember this was the start of the 'green shoot's narrative as ell. Perfectly timed)
https://www.marketscreener.com/S-AMP-P-500-4985/news/Wall-Street-s-oldest-ever-bull-market-turns-10-years-old-28135830/?countview=0
many times. All the time would put tapes in and forgot that was done.
whatever you say faggit
speaking of stolen burder's
https://www.secform4.com/insider-trading/30697.htm
when ya gonna realize that you are alway's two steps behind and a whole lot dumber.
20c47f (5)
trips confirm. back later