I've got some serious end point bias going on, but the bottom was ~700 in March '09, and it's currently at 2,100. Triple in that time is actually 18% annualized (6.5th root of 3).
There's definitely better ways of measuring "are we near a top", but "length of bull market" isn't meaningless. There have been a few longer ones, and only one ('49 - '61) that was nearly this productive at the 7 year mark.
There's definitely better ways of measuring "are we near a top", but "length of bull market" isn't meaningless. There have been a few longer ones, and only one ('49 - '61) that was nearly this productive at the 7 year mark.
http://greenbackd.com/2013/04/17/bull-markets-since-1871-dur...