Any ideas on how much longer the bull market will go on ?

[steve2470]

http://money.cnn.com/data/markets/dow/

17,573.93

It's been going on for almost 6 years now, right ?

[nichomachus]

1. Until the Fed stops pumping in money

Once the gravy train comes to a halt -- look out below.

Once there's even a hint of ending QE, things will come apart.

[steve2470]

3. I thought they ended it already ?

http://www.theguardian.com/business/2014/oct/29/us-federal-reserve-end-quantitative-easing-programme

[nichomachus]

5. I believe they said they were going to

But the market started drooping ominously and they ended up saying "Just kidding."

[golfguru]

9. Fed pumping money is not the major reason

for the 6 year bull market. Because velocity of money is very low.

QE is mainly just a bond buying program. Fed buys US Treasury bonds
with printed money. That gives federal govt money to cover the deficit
spending. Most of govt spending is on social programs. So it has no
direct stimulus to stocks.

The main reason in my opinion for the overvalued stock market is
Zero Interest rates by FED. CD's, Treasury bonds and savings accounts
accordingly yield close to zero rate. Stocks have no competition. The
bull market will end quickly if and when the FED raises interest rates.
They are talking about Mid-2015.

[hollysmom]

2. I don't know if you noticed but your post is under the death threat fora gay bull.

some weird sort of convergence here. sorry, carry on.

[steve2470]

4. huh ? lol this is on Latest Threads page ?

eta: Why yes it is. Hm.

[On the Road]

6. Depends on the Length of the Boom

This does not seem in any way like an economy on the verge of recession. Due partly to the depth of the crash, this seems to be about midway through the recovery/boom phase. Personally, i would expect at least anothe 3-5 years.

Only thing really holding it back is the EU's conservative monetary policy, but at least that is static.

[Warpy]

7. As long as billionaires are gaming the system

with their favorite hedge funds doing HFT to boost paper profits by sucking money out of every stock trade out there, there really isn't another place to put their money. Gold is deflating, T-bills are paying next to nothing, even million dollar CDs, once a good source of interest when nothing else was paying, have also seen their interest rates drop to the point it's not worth it. There is a tax free money market that is slowly replacing municipal bonds that pays about the best, but it's not as easy to get into as it was 2 years ago when I got in.

The bull market will be ended by the Fed raising interest rates to a point that the bond market looks more attractive. Or the derivatives casino will finally collapse, taking everything with it all over the world, "the money disappeared overnight" happening again.

I do know something will have to happen and soon, otherwise we'll have billionaires at the top while people at the bottom barter whatever they have for food.

[jtuck004]

8. " billionaires at the top while people at the bottom barter whatever they have for food" < Isn't

that India?

And they have been going on for a long, long, long time.

[golfguru]

10. India's middle class is now larger than United States

Their middle class is growing, ours is shrinking. Remember, their population is 4 times ours. So their 20% middle class equals 240 million people.

There are no food stamps, unemployment benefits in India.
Therefor anyone with a decent job can be considered middle class who can afford a house, food and other necessities without any government subsidy. India has 3 distinct classes. The very rich, the middle class and the very poor.