I'm newer to investing but I keep seeing everyone say that we've been in a bull market for 9 years and it's bound to crash and we're near the end of the cycle and all of that... but I looked at a graph of the S&P 500: https://commons.wikimedia.org/wiki/File:S%26P_500_daily_logarithmic_chart_1950_to_2016.png From 1950 to 1973 looks like a bull market so that was 23 years of gains, then 1973 to 1982 it just moved sideways, but then from 1982 until 2000 there was 18 years of big gains, with a little dip that recovered within a year... so when I look at this chart, I wonder why people act like 9 years is a really long time and that a big crash is pretty much guaranteed in the next couple years just because it's been going strong for so long? Why can't this bull run go for 18 years like the last one? Trying to understand what was different about the last 2 really long bull runs and why this one can't go for just as long.
Submitted June 15, 2018 at 07:31PM by sockmuffin314 https://ift.tt/2tbd2zq
