A Permanently High Plateau

Probably the least well-known bull market for the U.S. stock market is the amazing run stocks had from June 13, 1949 to September 23, 1955. The Dow more than tripled in a little over seven years, rising from 161.60 to 487.45. What's even more impressive is that this bull market began during the late stages of one recession and continued right through another.

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