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Bull Market Aging, But Still Going

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THAT'S ONE WAY TO LOOK AT IT
"[J]ust because the 13-month-old bull is graying around its horns, that doesn't mean its profit-making powers will soon be six feet under," USA Today reports. "Statistics show the performance of the Standard & Poor's 500-stock index, which fell nearly 57% to 676.53 in the last bear market, has slowed as it has crossed each successive 100-point level. For example, it took just 13 days to climb 14.4% when it rose from 700 to 800. In contrast, in its most recent rally from 1100 to 1200, it took 151 days to rise an additional 8.2%, Deutsche Bank data show."
SOURCE:   USA Today

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