LPL Financial Market Signals Podcast

Bull Market Turns 10 │ LPL Market Signals Podcast

LPL Research

This week’s Market Signals podcast focuses on the current bull market as it approaches its 10th birthday on March 9.

The yield curve is starting to steepen a little bit. It is flat but it is not inverted, and that is a good leading indicator of future economic growth suggesting this cycle has further to go.

- Jeff Buchbinder - LPL Equity Strategist & Portfolio Manager

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In this week’s Market Signals podcast, our Research strategists discuss the bull market’s 10th birthday, coming up on March 9, 2019.

The bull market is entering its 118th month. In July, it will become the longest on record. This bull has seen the S&P 500 more than quadruple in value. However, it’s not the strongest, significantly trailing the gains produced by the 1990s bull market.

Nonetheless, the durability of the U.S. economic expansion is notable. The economy and markets have come a long way since March 2009. Excessive leverage, extraordinary central bank measures, and a significant contraction in U.S. gross domestic product have been replaced by repaired corporate balance sheets, normalized central bank policy, and steady U.S. economic growth.

Our LPL strategists note their favorite leading indicators point to continued economic growth through the end of 2019. Adding to their optimism is the reassurance of solid fundamentals and the lack of economic or financial excesses.

Chart - Current bull is the longest every


For more insights on the current bull market, tune in to this week’s Market Signals podcast. If you haven’t already, subscribe to the Market Signals podcast series on iTunesGoogle PlaySpotify, or wherever you get your podcasts.

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