SPX 500 to 17,000 in 7 years.This chart represents the S&P 500, showcasing its performance over time, including quarterly data.
It captures everything.
Every recession.
Every war.
Every president.
Every variation of the monetary base as superpowers rise and fall.
Whenever I hear a bear in the stock market declare that THE TOP has been reached, and we are about to CRASH -50% to -90%
I find myself drawn to these comprehensive long term charts.
If the bulls are genuinely in control and we have merely undergone an intermediate-term correction, then the long-term bull market that commenced at the 2009 low remains robust, with many more years ahead.
The chart also illustrates that the three significant bull market phases typically last around 18-20 years following a major breakout.
And they yield a comparable number of X's.
It's all quite fascinating, if you ask me.
See you in the future!
