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Why the 2,826-Day-Old Bull Market Could Be a Headache for Trump

An early bear market may be best for an incoming president
Bull market in the S&P 500 is the second-longest of all-time

Bloomberg business news — Should Investors Buy the Trump Rally?

By

Joseph Ciolli

November 13, 2016, 9:51 PM UTCUpdated onNovember 14, 2016, 5:19 PM UTC

The election’s over, but for equity investors it’s the same old bull market, one the new president might prefer die a quick death.

Donald Trump inherits a 2,826-day-old rally in U.S. stocks that has defied history, overcoming anemic economic growth and a 15-month earnings recession that pushed valuations to a seven-year high. Squeezing out even a couple more years would be a feat of unprecedented longevity, with August 2018 looming as the month the advance will exceed all that came before.