As the bull market turns 3,453 days old today, investors are debating when it will end. Reuters provides an overview of the market, which has arguably had the longest streak in history. The new Leading Economic Index is out, providing backup for those wondering about the longevity of the bull market. Jill Mislinski provides analysis on the slowing growth in the index. Where will the next market shake-up come from? A shock turns into a crisis when the system is unprepared for it. Jeffrey Kleintop reports on the current vulnerabilities in the financial and market system.
S&P 500 Bull Market Now Arguably The Oldest Ever — The S&P 500’s SPX bull market turned 3,453 days old on Wednesday, making it the longest such streak in history, according to some investors’ definition. Read more…
Conference Board Leading Economic Index: Increased Growth In July — The Conference Board LEI for the U.S. increased again in July, with positive contributions from all its components, except for weekly manufacturing hours, which was unchanged. In the six month period ending July 2018, the leading economic index increased 2.7 percent (about a 5.5 percent annual rate), slower than the growth of 3.6 percent (about a 7.2 percent annual rate) during the previous six months. Read more…
Where Will The Next Crisis Come From? — It’s been 10 years since a U.S. financial shock turned into a crisis in the global financial, market and economic system. A shock turns into a crisis when the system is unprepared for it. The system is often at its most vulnerable near the end of the global economic cycle when excesses have built up and managing risks may have been neglected. Read more…
John R. Day, Bill Ennis, Stephanie Hall and Matt Heller
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