With the most recent SPX high on Thursday (1/16), below is an update of the table illustrating how this bull market compares to others in the post WW II era. At 3,964 days in duration, it is now 513 days longer than the internet bull market, but at +390%, it remains second highest with regard to the percentage increase. The SPX would need to reach a level of about 3,500 to exceed the 417% gain of the strongest bull market in history. This would only be a 2020 YTD gain of about +8.5% if it happened by the end of 2020.
With about 10 months still to go in his first term, President Trump has moved solidly into 4th place overall for market performance in the post WW II era (surpassing Bush #41 last week). As of Thursday (1/16) the SPX is +55.0% since Election Day 2016. It’s a long road to the next position (Clinton +70.1%) but it is not unrealistic to think the SPX could reach 3,641 before Election Day 2020, if the bull market continues. That would equate to less than a 13% YTD gain.
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