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The Market And Energy Page, T+152 -- June 21, 2017
The Market And Energy Page, T+152 -- June 21, 2017
Bull: This bull market is in its 9th year (?). It is said that this is the second longest "expansion" in US history. From wiki:
- Mar 1991 - Mar 2001: 120 months -- exactly ten years; Dot Com bubble ended it
- Feb 1961 - Dec 1969: 106 months -- the ongoing Vietnam War contributed to expansive fiscal policy, at the cost of rising inflation as the 1960s drew to a close
- current expansion: 96+ months; followed the Great Recession
- Dec 1982 - July 1990: 92 months -- at the time it was the second longest expansion on record; influenced by low and stable oil prices
Focus on China: Ford will move Focus production to China. No link; story everywhere.
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