9-Year Bull To Roar High: Bet On The Best Leveraged ETFs
Zacks Investment Research | Mar 11, 2018 09:59PM ET
As the U.S. bull market turned nine on Mar 9, major bourses saw tremendous upside suggesting that the market still has legs. The S&P 500 index has quadrupled from the bear-market bottom of 676.53 hit on Mar 9, 2009 — representing the second-longest and second-strongest bull market in history. The trend is likely to continue into the tenth year as well.
This is especially true as strong corporate earnings and optimism surrounding Trump’s pro-growth policies are likely to be the biggest tailwinds for the stock market this year. Additionally, pick-up in growth in developed and developing economies, robust job gains, growing wages, slowly rising inflation, increasing consumer spending, recovering housing market and record level of consumer confidence are likely to boost the longevity of the bull market.
However, a host of challenges like Trump’s protectionist stance, inflation threats, rising bond yields, faster-than-expected rate hikes, geopolitical tensions and Washington turmoil might keep crossing the bulls in the months ahead. Notably, worries surrounding inflation and rising bond yields have pushed stocks into the fastest-ever correction territory (a decline of more than 10% from the last peak scaled in late January) in early February (read: Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.