by David Kranzler
Investment Research Dynamics
Technically, the move in the stock market that began in March 2009, when the stock market bottomed after the 2008 financial market de facto collapse, should not be termed a “bull market” because it required several trillions of Central Bank and Government intervention to move the stock market. Definitionally the stock market is no longer a “market” – rather it’s an intervention.
Having said that, with the entire financial world – especially Wall Street analysts and financial media boobs – focused on the S&P 500 and the Dow, the NYSE Composite, which covers every stock traded on the NYSE, has begun what is likely a bear market that started from its record high of 11,254 on May 21, 2015: