Dow Jones Industrial Average History from2001 to 2015 is composed of two bull market and one financial crisis.Dow Jones has two phases from 2001 to 1015. One is known as housing bubble and another one fed induced move or current bull market.
Housing bubble induced a bull market from 2003 to 2007. This bull market started as government initiate a policy to ease housing loan. the purpose of the policy was to make middle class people house owner, This policy had big impact on US economy . this policy induced bull market started at 2003 and end in 2008 with big financial crisis.
Recent Bull market
Recent bull market started as government bailed out financial institution and took extremely easy quantitative policy and Zero interest rate policy. This bull market started its move from 2009 and Dow jones index has become close to triple from low of 2009.