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Fundranker Blog—New Year, New Bull Market Highs

New Year, New Bull Market Highs

The bull market that began in March, 2009, is alive and well after nearly four years. Despite political fights past, present, and still to come, through January 17, the S&P 500 Index already set six new bull market highs for 2013. Apparently, economic fundamentals are trumping political wrangling. The S&P 500 Index set a new five-plus-year high on January 17, while the Nasdaq Composite Index set a new 12-plus-year high, and world markets set new 20-month highs.

Posted 1/18/13 2:01pm ET in Market