Similar bull runs...2003 -2008 vs 2009-2013...similar end?

November 25, 2013

Here's a chart that overlays the 5 year bull run that ended in the 2008 crash, compared to the 5 year bull run we've been in since. The similarities are striking, but the end to this bull run is yet to start, and won't until the Fed starts to raise interest rates...

 

And even then, we don't see bull markets end until those rates reach 5-6%. It will happen, not just yet.

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