Bull Market Ends Like It Began: In Chaos, Without Any Warning
- Fed support not enough to salvage stocks gripped by virus fear
- As one of the slowest bulls, it still beats the rest of world
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Eleven years ago, with the global economy reeling from the ravages of the financial crisis, stocks strung together a little run that lifted the Dow Jones Industrial Average about 10% in four days.
Nobody knew then, but it was the start of a rally that would ultimately add $20 trillion to equities and become the most enduring in history.