Chart o’ the Day: Strongest Bull Market In 65 Years

Jeff Kleintop of LPL Financial reveals the current bull market for US stocks to be the strongest since WWII in a great chart, and lays out the litany of negatives that have conspired against it (and have so far been vanquished):

The S&P 500 has continued the strongest bull market since WWII [Figure 1] despite all the shots fired at the market this year:

  •        Fiscal cliff tax increases;
  •        Sequester spending cuts;
  •        High oil prices;
  •        Italian election debacle;
  •        Cyprus bank bailout;
  •        Weakening Chinese economic growth;
  •        Federal Reserve communicating the intention to end quantitative easing (QE);
  •        Downward revisions to earnings growth estimates;
  •        Rising interest rates;
  •        A rise in geopolitical risk from North Korea, Egypt, and Syria; and
  •       Bouts of defensive sector market leadership and weak trading volume.
strongest bull



The chief strategist makes the point that there are no shortage of negatives lying in wait for the markets in the second half – but that so long as economic growth tracks above 2% these negatives should merely offer buying opportunities for long-term investors.

Follow Jeff on Twitter @JeffreyKleintop 

(assume every disclaimer under the sun applies, past performance, indexes aren’t investable, don’t walk beneath ladders, etc)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Bitcoin Loophole Review commented on Sep 22

    … [Trackback]

    […] There you will find 97587 additional Info on that Topic: […]

  2. usps tracking commented on Sep 23

    … [Trackback]

    […] Find More Information here to that Topic: […]

  3. Sig Sauer Firearms for Sale commented on Oct 14

    … [Trackback]

    […] Information to that Topic: […]

  4. Robotics Process Automation testing commented on Nov 12

    … [Trackback]

    […] Info on that Topic: […]

  5. td canada easyweb commented on Nov 15

    … [Trackback]

    […] Read More Information here to that Topic: […]

  6. devops commented on Nov 18

    … [Trackback]

    […] Information on that Topic: […]

  7. 안전놀이터 commented on Dec 03

    … [Trackback]

    […] Information on that Topic: […]

  8. fucking my sex doll commented on Dec 08

    … [Trackback]

    […] There you can find 26769 more Info to that Topic: […]

  9. replica the best replika omega commented on Dec 17

    … [Trackback]

    […] There you can find 70639 more Info to that Topic: […]

  10. Functional Testing commented on Dec 19

    … [Trackback]

    […] Find More here to that Topic: […]

  11. situs online judi terbaik commented on Dec 28

    … [Trackback]

    […] Info to that Topic: […]

  12. CI CD Services commented on Jan 12

    … [Trackback]

    […] Find More to that Topic: […]

  13. Clicking Here commented on Jan 14

    … [Trackback]

    […] Here you will find 50947 more Info on that Topic: […]