Bogus Bull

Last Friday, the current bull market turned nine, the second longest bull since the 1942, but still several years away from the 1987-2000 record bull. How much longer can it last? Who knows, but don’t look to the stock market. Since 1900, there have been 22 recessions and 20 have coincided with a bear market. That looks pretty good, until you learn that there have been 36 bear markets.