Cart Summary
0 item(s) ($0.00)
Become a CFA Boston Member
Programs & Events
Other Services
Event Details

Event Registration - Meet Up: The Life Expectancy of a Bull Market

Wednesday, January 16, 2019
12:00 PM - 1:30 PM Eastern Standard Time
The Life Expectancy of a Bull Market

The recent long period of low volatility in US capital markets was not an anomaly. Stability in the fears and anxieties that drive the flow of capital is the rule rather than the exception. Empirically, a stock-market advance is much more likely to persist than to be reversed. The residual life expectancy of a bull market does not diminish with age. Last month's selloff was not accompanied by material changes in the most reliable early-warning indicators of US growth and inflation. Business confidence and consumer confidence remain very high. Past stock-market plunges, especially the deepest, have been reversed within a few months. The recent turbulence is likely to signify a mere interruption in the ongoing bull market, not its end.

R. DAVID RANSON is president and director of research at HCWE & Co., an independent investment research firm now located in Portland, Oregon. Originally known as Wainwright Economics, the economic-investment research arm of H.C. Wainwright & Company of Boston, Massachusetts, became an independent operation in 1978 and has since been renamed HCWE. Prior to becoming a general partner of H.C. Wainwright, Mr. Ranson joined Director George P. Shultz’s personal staff at the Office of Management and Budget, served as an assistant to then Treasury Secretary William E. Simon, and taught economics at the University of Chicago Booth Graduate School of Business. He is a Fellow of the Institute for Applied Economics, Global Health and Business Enterprise at Johns Hopkins University in Baltimore. Ranson holds M.A. and B.Sc. degrees from Queen’s College, Oxford, and an M.B.A. in finance and Ph.D. in business economics from the University of Chicago.

For more information see or send inquiries to

Please note, attendees are asked to bring their own lunches. There is no charge for Members for this event, however registration is required since space is limited.

*The Auditorium is located on the Ground Floor and can be accessed by entering the building on 100 Federal Street side. The auditorium will be on your right before security and you will not need to go through security by accessing the building from the 100 Federal Street side.
Putnam Investments Auditorium
100 Federal Street
Ground Floor - Enter Through Federal Street Side
Boston, MA 02110
Registration is complimentary for members.
Non-Members: $10.00

CFA Boston has determined that this event qualifies for 1 CE credit hours under the guidelines of CFA Institute's Continuing Education Program. If you are a CFA Institute member, CE credit for your participation in this event will be automatically recorded in your CE tracking tool.