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You Shouldn’t Ignore the Death of One Stock Market’s 12-year Bull Run

The world’s longest-running bull market officially ended Monday. Malaysia’s stock market benchmark is more than 20% off its highs. The FTSE Bursa Malaysia KLCI Index went 12 years without a 20% pullback from any peak. But that ended today. The milestone is an omen for the U.S. stock market. Malaysia’s stock market enjoyed the world’s…