The longest bull market in history ended today

[Recursion]

http://www.marketwatch.com/story/the-dow-just-tumbled-into-a-bear-market-ending-the-longest-bull-market-run-in-historyheres-how-those-downturns-last-on-average-2020-03-11

It’s the end of a bullish era for the stock market and the beginning of a new phase of bearishness, after a sharp plunge for risk assets on Wednesday pushed the Dow Jones Industrial Average into bear-market territory for the first time in more than a decade.

U.S. equity indexes on Wednesday mostly resumed a downtrend that saw all three major U.S. equity gauges touch bear-market territory, commonly defined as a decline of at least 20% from a recent peak. The declines deepened after the World Health Organization declared COVID-19, the infectious disease that was first identified in Wuhan, China, in December, a pandemic.

The bear is back

[Karadeniz]

1. His luck ran out...anyway, it was a crutch.

[AlexSFCA]

2. until summer

I think we will see Dow moving well below 20k by April where the pandemic is going to peak with millions infected and when supply is gonna run out.

[empedocles]

3. A very fast, steep decline into bear territory

[Aristus]

4. Well, the PTB wanted tax cuts for the rich, stagnant wages for the middle and working classes,

high housing prices, artificially-low oil prices, ridiculous import tariffs, and an overseas manufacturing base. So I hope they're happy with the economy they created...

[marble falls]

5. The Bill Clinton/Barack Obama bull market ...

even W couldn't kill it even with banks and Wall Street failing in almost eight years.

[KentuckyWoman]

6. Another DTJ victory

Took 3 years but he destroyed Obama's economy.

[Hermit-The-Prog]

7. trumPutin and the GOPers killed it.

[maxsolomon]

8. Thanks, Obama. Fun while it lasted.

LOL at Trump and his team of "acting head of" amateurs getting handed 2 crises at once.

Sad for everyone planning on retiring this year.

[Thomas Hurt]

9. Yep the economy from the end of Bush's reign to yesterday was all Trump's doing...

As of today anything the state of the economy is Obama's, the Democrats' and the media's fault.

We just didn't listen and worship daddy Trump enough.