The bull market turns 5
| U.S. equities hit bottom five years ago, marking the beginning of the current bull market. |
| Still climbing: Although it has stumbled in 2014 through mid-March, the broadest measure of the U.S. stock market has returned 188% since its nadir during the financial crisis. |
 |
| Risk-adjusted returns: Consumer discretionary and consumer staples stocks have fared the best during the current bull market. Sharpe ratios of large-cap stocks have outpaced those of small caps. |
 |
| A long run: The current runup ranks sixth in terms of length to date among all U.S. equity bull markets, as measured by the S&P 500. |
 |
| Lofty valuations: As of Dec. 31, the spread between the Wilshire 5000 market cap and U.S. GDP was at its highest level since the third quarter of 2000. |
 |
| Sources: Bloomberg LP; S&P Capital IQ; Wilshire Associates; Bureau of Economic Analysis |
| Compiled and designed by Timothy Pollard and Gregg A. Runburg |
Advertisement
White Papers
Sponsored Content
Partner Content