U.S. stocks are not the only asset currently in a bull market. European, Japanese equities are also enjoying rising prices.
Nine years ago, on March 9, 2009, when the S&P 500 SPX, +1.74% bottomed at 676.53 following 15 months of precipitous declines, the current bull market in U.S. stocks was born.
Since then, the market has gained nearly 350% including dividends. Despite the recent volatility, the bull has not shown serious signs of retiring.
The term bull market refers to a market in which prices are rising. Typically, a drop of a 20% or more would qualify as a bear market, and both bull and bear markets can be cyclical or structural.
U.S. stocks are not the only asset currently in a bull market, however. Here is a look at some other assets that have similarly been basking in an appreciating-value atmosphere.