Sunday, August 13, 2017

Chart of the Day: North Korea -- and the market -- in the '90s

As stated in yesterday's lead-in to our quote of the day, we should be careful diminishing such things as the present conflict with North Korea. Yet we must also acknowledge that the more the media outlets can -- for any reason whatsoever -- grab our attention, the more they can show paying advertisers how adept they are at grabbing our attention.

Take a look at Chris Ciovacco's chart of the S&P 500's 232% gain from 1993 to 2000 -- and the featured headlines:


Oh, and for those of you who think bull markets die of old age, here's our chart of the five years leading into the above:

click here to enlarge...

Absolutely no guarantees, mind you -- of course the next bear market may be right around the next bend -- it's just that the news of the day (not to mention the age of the bull) may not be the catalyst(s).

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