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Horns out on this near-record breaking bull run
The current bull run in UK equities is closing in on its 10 year anniversary, chalking up just over 3,400 days and a 133% return since kicking off in March 2009.
That makes it the second longest since the FTSE All-Share index was established in the 1960s, behind only the 3,863 day ride higher between November 1987 and June 1998.
A bull run is a financial market in which ‘prices are rising, especially over a long period of time’, according to Financial Times.
‘The nine previous bull runs lasted for an average of 1,200 days and offered an average capital gain of 143%,’ according to numbers crunched by Russ Mould, investment director at AJ Bell.