Concord's August 2018 Market Highlights - "The Longest Bull Market"

In this past month, there has been a good amount of disagreement about whether or not the current bull market is the longest in modern financial history.  The debate hinges around the start-date of the current bull market and if the dot.com bull market began in 1987 or in 1990.  Practically speaking, the debate is immaterial, because either way, the current bull market for stocks is either the first or the second longest in history.  The more interesting question is “Does the unusually long length of this bull market mean that a correction is imminent?”