By Making it a Year, The Bull is Likely to Stampede On
According to Bespoke Investment Group, the 13 bull markets since 1930 that have lasted more than a year have averaged a total gain of 153% and a total length of 4.4 years.
“Bull markets that pass the one year mark have almost always lasted two years or more,” wrote Bespoke’s analysts, in a note to clients on Friday. “The one bull that lasted more than a year and ended after 393 days was in 1948, and that bull only saw a gain of 24 percent, so it’s nothing like the current one.”
Source: Yahoo! Finance
***