Sentences with phrase «of secular bear markets»

And does the current economic backdrop yet have the characteristics that usually coincide with the end of secular bear markets?

It is generally agreed on that the period without many 2 % down days in the past (the late 60's and 70's) was part of a secular bear market.

This is a classic example of a secular bear market (lower highs and lower lows).

Was the March 2009 low the end of a secular bear market and the beginning of a secular bull?

The combination of the extremely powerful 1982 - 2000 bull market accompanied by a senseless financial mania was the recipe for the start of the secular bear market we envisioned.

Of course we were in the midst of a secular bear market in stocks then.

The counter to that is that this is merely a cyclical bull market in the context of the secular bear market that started in 2000.

Given the fact that crude oil is probably in the middle of a secular bear market, this means USO will be probably never exceed its 2008 high @ 119.17.

When will we get to the end of the secular bear market?»

What followed was 70 years of secular bear market conditions.

Adjust your Expectations and Realize that we are probably in the midst of a secular bear market for stocks.

The Dow Jones Industrial Average lost 1.18 % per year over the course of this secular bear market and to put this into perspective, a CD (Certificate of Deposit), made a more attractive investment than the «Blue Chip» stocks of the Dow Jones Industrial Average.

Now the reality is no one will consistently miss all the worst days — I'm the first guy to admit our 100 % Cash call the day before the flash crash was dumb luck — but you can avoid being long for most of a secular bear market.

A Second Lost Decade: an Update of the Secular Bear Market in Equities (pdf)-- Pring Turner Capital Group, Pring.com

Not exact matches

«I've said, not predicting that it would exceed 2.6 percent but that if it did, it would be the signal of a longer - term secular bear market,» he said on «Power Lunch.

When valuations move from elevated levels to historical lows over the span of several market cycles, the result is a «secular bear market» and headlines about the permanent death of equities.

If we are in fact in a long, post-Bull trading range — see our 100 - year Dow chart — than this is year ~ 5 of what could be a 10 - 15 year secular Bear market.

In response to a standing request, here is updated comparison of four major secular bear markets.

Instead, this is nothing more than a cyclical bear market within the confines of a multi-year secular bull market.

However, we are not in the early stages of a new secular bear market for commodities (or the ETFs which represent those commodities like XLE).

However, this is not the beginning of a long - term secular bear market for this sector of the global economy.

But that was the mania stage of a secular bull market born by the way, of relatively sound monetary policy.

Some of the best buying opportunities could occur during secular bear markets, so investors need to be poised to take advantage of potential opportunities.

Ron Griess of the Chart Store shows this chart of the 3 secular bear markets of the 20th Century, plus the current Bear market, which began at the beginning of the present centbear markets of the 20th Century, plus the current Bear market, which began at the beginning of the present centBear market, which began at the beginning of the present century:

Despite the intense volatility of stocks over the last few years, investors can navigate through a secular bear market if they understand its nature and how to respond.

However, after enormous bailouts of the largest financial institutions in the country, as well as the auto industry, and even more monetary ease than in 2003 (accompanied by TARP, the stimulus plan, QE, and QE2); we started another cyclical bull market within the secular bear market.

You would have to think this secular bear market would be extremely severe with the combination of a major bull market followed by a financial mania.

If the global economy actually makes a complete transition to a system based on alternative energy, crude oil will eventually drop below its 1986 secular bear market low of $ 9.75.

In the introduction to the last Bull Bear Market Report, I further developed the thesis that an impulsive equities bull market began in November 2012: Most analysts continue to make the mistake of believing that a secular bull market started in March ofMarket Report, I further developed the thesis that an impulsive equities bull market began in November 2012: Most analysts continue to make the mistake of believing that a secular bull market started in March ofmarket began in November 2012: Most analysts continue to make the mistake of believing that a secular bull market started in March ofmarket started in March of 2009.

In between were secular bear markets: 1966 to 1982, when the Dow went nowhere in nominal terms, but after inflation it lost about 75 percent of its value.

The 1982 secular bull market was preceded and followed by secular bear markets that featured lots of sharp rallies and sell offs, but netted investors nothing after more than a decade.

In Asian and emerging markets, commodity producers are bearing the brunt of the downturn, but attractive values persist among well - capitalized, well - managed enterprises with good exposure to secular growth trends.

During secular bear markets, the investment strategy of seeking absolute returns can be very effective.

3) The stock market experiences extended periods of secular bull markets and secular bear markets based on the trend in P / E ratios, which is driven by the trend in inflation.

As I noted in Secular Bear Markets and the Volatility of Inflation, the uncertainty brought about by large swings in inflation is often harmful to investors.

If the level of inflation volatility continues to increase, it will become more difficult to argue that the secular bear market has come to an end.

The Investor's Scenario Surfer [Scenario Surfer button] incorporates the Stock Returns Predictor (including a special version for long lasting (secular) Bear Markets) and two forms of mean reversion.

In each case the level of economic volatility grinded higher throughout the secular bear market.

The level of inflation volatility is still low, relative to the peaks reached during prior secular bear markets.

Essentially, a secular bull period comprises several cyclical bull - bear cycles, where each bull market achieves a successively higher level of market valuation at its peak.

The graphs show that secular bear markets have consistently coincided with rising levels of inflation volatility.

Secular bear markets also involve a series of bull - bear cycle, but with each bear market trough achieving successively lower levels of valuation.

As the guys at Nautilus Capital note, cyclical bull markets within secular bears have tended to average just 26 months, with an average gain of 85 %, while cyclical bears within secular bears have averaged 19 months, with steep average losses of -39 %.

Secular bear market bottoms have typically occurred when recessions were so frequent that they have knocked the last bit of optimism out of investors.

You can see the aftermath in the next set of graphs, which show the same interaction of market valuation and the volatility of inflation, but in this case during the three secular bear markets of last century, and the secular bear market beginning in 2000.

The current secular bear market can claim none of these characteristics yet.

The graphs above show that the secular bear markets of last century shared three characteristics.

At secular bear market lows, the Shiller P / E (S&P 500 divided by the 10 - year average of inflation - adjusted earnings) has typically been about 7, as we saw in 1942 - 1950 and in 1982.

The main argument of the post — one that has been made many times before — is that passive investing is fine during bull markets, but it likely won't work going forward because «we are in a secular bear market that began in 2000.»

The main argument of the post — one that has been made many times before — is that passive investing is fine during bull markets, but it likely won't work going forward because «we are in a secular bear market that began -LSB-...]