There's plenty of chatter that the bull market on equities is about to come to an end. But fascinating research by Morningstar suggests history could be on the side of the bullish investor. Bob Johnson, its Director of Economic Analysis, has been studying periods of economic recovery and recession over the past century. If history's anything to go by, he says, there could be plenty more steam in the current charge.
Johnson notes that further evidence of a continued bull run can be visible in the chart by the amount of gains achieved during each recovery period. Right now, the markets has only increased three times the baseline, while in the past some recoveries have gone up ten-fold.  This evidence has Johnson believing there is ample room for more growth.