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IPFS News Link • Federal Reserve

Bernanke Drives Bull Market to 4th Birthday, 130 Percent Gain


At 1,461 days and counting, it's the eighth longest bull market since 1928, using data from Bespoke Investment Group. And if the S&P 500 climbs another 3 percent to surpass its 2007 high, the 136 percent total price increase will make it the fifth greatest bull market during that same time frame.

"I think Bernanke has sort of carried the load himself during this period," remarked investing legend Warren Buffett in an interview with CNBC this week. "Cheap money makes things happen."
In the wake of the greatest financial crisis since WWII, the S&P 500 fell to 666.79 during the trading day on March 6, 2009. Bernanke's first round of quantitative easing would follow just 12 days later.