Sentences with phrase «of secular bull market advances»

The following chart (from Too Little to Lock In) provides a view of the sort of valuations we typically see at the beginning of secular bull market advances, versus where we are at present.

Not exact matches

Given the extent and maturity of the recent advance, it's very odd that analysts are now beginning to toss around the idea that stocks have entered a secular bull market.

An average bear market within a «secular» bear market period (a period generally about 17 - 18 years, where valuations begin at rich levels and achieve progressively lower levels over the course of 3 - 4 separate bull - bear cycles) is about 39 %, and wipes out about 80 % of the preceding bull market advance.

If the market is ever to enjoy a secular bull market period again, we have to accept the potential for valuations to achieve levels that have corresponded to the beginning of those secular advances, but that's a very long - term issue.

During the secular bull market years of the 1980s and 1990s, the general slope of the advance matched that of the 1940s and 1950s, and now the sideways movement is proceeding roughly according to the script.