We are now in one
of the longest bull market cycles of our lifetime.
Not exact matches
We think 2018 will add another year to this
longer - than - average
bull market, but we believe we are moving to the third period
of this
cycle.
Based purely on
long - term
cycles, a successful argument could be made that we have been in a secular commodity
bull market since the turn
of the century in 2000.
In the next post
of this series, we will show the actual outperformance
of the S&P SmallCap 600 versus the Russell 2000 over the
long term, the higher returns and lower risk over different time periods, and through different
bull and bear
market cycles.
If this is the beginning
of what many consider a
long overdue bear
market, we believe there is no better strategy than the DRS across a full
market cycle, both
bull and bear.
Given the length
of the current
bull market cycle, one
of the
longest on record, clients often ask this question.
Here's a look at the technical definition
of the term, the role
of bull markets in
long - term
market cycles, and how beginning investors can use this knowledge when devising an investment strategy.
Bull markets have shallower moves and longer duration, the same way that the bull phase of the credit cycle g
Bull markets have shallower moves and
longer duration, the same way that the
bull phase of the credit cycle g
bull phase
of the credit
cycle goes.
In late stage
bull market cycles, the inevitable bashing
of long term valuation metrics comes to full fruition.