From Capitalism to Socialism. . . how we live and ...
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Wednesday, August 22, 2018
Investors in clover
The S&P 500 share index, which tracks the 500 biggest public companies in America, is poised for a new record.
By the end of trade, the benchmark index is set to have gone 3,453 days without a fall of 20% or more, marking the longest rally ever in US history.
The positive run dates to 9 March 2009, when the world was reeling from the financial crisis.
Overall the index has risen almost 325% in the period, lifted by companies such as Apple, Microsoft and Amazon.
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