?
As per yahoo Finance ....... S&P 500
01/08/2000 was 1438. On 31/8/2000 it was 1517. On 24/12/2018 it was 2351.
S&P index was at 2214 points in august 2000,
update with the recent big sell off last few days S&P index was at 2214 points in august 2000, now its at 2351 points Dec 24 2018 almost 20 years later. So even the S&P 500 now back at year 2000 levels almost. Does this thread really stand up as the "longest bull market in history" when the best performing market in the world namely the US market is back where it was almost 20 years ago.
Your way off!, the s+p wasn't even @ 1600 in the year 2000.
yes, but its the inflation adjusted charts im talking about as I explained in above post. It re adjusts year 2000 level to reflect todays prices and 18 years of inflation.
"The charts require little explanation. So far the 21st Century has not been especially kind to equity investors. Yes, markets do bounce back, but often in time frames that defy optimistic expectations."
There is still a positive return but only when you include dividends and reinvesting them. This is from April 2018 levels so also does not include the big sell off over the last few months.
FWIW, the S&P500 has just had its best January since 1987.
The longest bull market in history has just celebrated its 10th anniversary!
In the wake of the financial crisis, the S&P hit an intraday low of 666 (eerie, huh?) on 6 March 2009 and has since increased by over 300%, without a 20%+ drawdown.
I don't think that's predictive of what might happen in the future but I think it's interesting nevertheless.
What's your point? That your start and end point are vitally important? Of course they are!On june 1 2000 S&P was at 1460, today its at 2748 almost 20 years later, an 88% increase on the june year 2000 figure. Both statistics 88% increase from year 2000, and 300% from 2009 are correct, but it just shows you how misleading quoting statistics in isolation are.
What is your point?
That you are wrong?
https://amp.theguardian.com/business/2018/dec/21/stock-markets-worst-week-in-decade-nasdaq-dow
And
https://www.google.com/amp/s/www.cn...he-numbers-sp-500-falls-into-bear-market.html
December 24
S&P is 20.06% below its intraday all-time high of 2,940.91 from Sept. 21 closing in bear market levels
What is your point?
That you are wrong?
https://amp.theguardian.com/business/2018/dec/21/stock-markets-worst-week-in-decade-nasdaq-dow
And
https://www.google.com/amp/s/www.cn...he-numbers-sp-500-falls-into-bear-market.html
December 24
S&P is 20.06% below its intraday all-time high of 2,940.91 from Sept. 21 closing in bear market levels
That's the generally accepted convention.Does it not need to close down 20 % in order to officially be recorded as a bear market ?
As if anyone around here would do that!...if you want to be really nit-picky
That's the generally accepted convention.
But, if you want to be really nit-picky, the S&P has not had a drawdown at any close of 20% or more from any previous high for 10 years now. That's unprecedented.
What's your point? That your start and end point are vitally important? Of course they are!
Why choose 1 June 2000 as your starting point? Why not, say, 1 June 1990? Or maybe 1 June 1980?
because you chose 6 march 2009 as your starting point, the deepest trough of the worst financial crash since the 1930s as your starting point, thats why. On the surface a 300% increase in S&P500 since 2009 seems dramatic, an 88% increase since year 2000 is not.
And thats the best performing stock market in the world , what about europe back in recession again with european indices gone nowhere in 20 years.
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