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It's Official: We're in the Longest Bull Market Ever

At the close of trading today (August 22, 2018), the stock market will cross another milestone. It will set the record for the longest bull market in history.

A bull market begins when the market rises 20% from the low set at the end of the bear market. The last low set by the S&P 500 index was on March 9th, 2009. It's been 3,454 days since then. The previous record bull run was set between October 1990 and March 2000. This bull market hasn't been the strongest in history, even though it is now the longest. It has recorded the third largest total return of bull markets since the 1930s.

During the fallout of the Great Recession I