Fear and panic enveloped the stock market and the Dow Jones industrial average plunged to 6,547 on March 9. (Mark Lennihan/AP)Welcome to the U.S. stock market’s Pottery Day. As a reminder of the not-so-recent past, when — unlike today — fear verging on terror ruled the financial markets. The current bull market, he says, “will tie the current record-holder on Aug. 21, 2018.” Assuming, of course, that we’re still in a bull market when late summer rolls around. He divides the 108-month age of the bull market by the 60.7-month age of the average bull market and multiplies that result by 78.6, the current U.S. life expectancy.
Source: Washington Post March 08, 2018 21:40 UTC