For several reasons, we view this as a «standard» equity correction within an ongoing bull market. (morganstanley.com)
The backdrop that set the stage for these results, and for the ongoing bull market in stocks more generally, has been in place since the global financial crisis — tame inflation, historically low interest rates and moderate economic growth in the United States have all been supportive for growth investing. (franklintempleton.com)
Over the past two years, the behavior of the stock market can be described less as an ongoing bull market than as the extended topping phase of what is now the third financial bubble since 2000. (hussmanfunds.com)