Stocks have had an impressive run to say the least.
As of the end of August, we’re now in the longest bull run in history. That bull run has produced some serious gains for investors. Since bottoming out during the recession, the SPDR S&P 500 ETF (SPY) has risen close to 300%. That’s a pretty impressive return and highlights the strength of the global economy.
The question is, can stocks keep it going?
According to investment manager BlackRock, the answer could be yes. While some of that return came from hope and potential, actual earnings are running the show these days. And those numbers continue to be good. As long as the global economy keeps its pace, investors could see plenty of gains ahead. There’s no reason to abandon equities just yet.