11 Mar HAPPY BIRTHDAY BULL!

The bull market celebrated its tenth birthday on March 9, 2019. During
that period, the S&P 500 Index has increased more than fourfold in value,
producing a total return of 410% (17.7% annualized) while rising 314% in price.
Concerns over the global economy, along with a potential policy mistake by
the Federal Reserve (Fed) and the trade dispute with China, all have many
wondering just how much the longest bull market ever could have left in the
tank. This week, we’ll show why this bull market is indeed alive and well and
could make it to 11 next year.

View the full weekly economic commentary here.

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