Quarterly Monitor: With the nine - year -
old bull market in U.S. stocks showing signs of weakening, investors and market strategists are emphasizing overseas exposure.
(Repeats to additional subscribers) NEW YORK, April 24 (Reuters)- The U.S. benchmark 10 - year Treasury yield topped 3 percent for the first time in more than four years on Tuesday, a milestone that reflects the durability of the U.S. economic expansion and stokes the view the three - decade -
old bull market in bonds is numbered.
Not exact matches
World growth will remain low on average but negative
in the UK and Europe; price inflation will remain sufficiently subdued for a while longer so as to impose no constraint on monetary expansion; central banks will sustain a regime of negative real interest rates and rapid monetary expansion; the risk of a eurozone collapse is off the table for now; finally, stock
markets should continue to perform better than expected, even though the four - year
old cyclical
bull market is long by historical standards.
It's important to keep
in mind the
old investing adage, «
Bull markets don't die of
old age.»
A confirmation of the secular
bull market occurred
in December 2016, when QQQ penetrated its
old high of 120.50.
The
bull market will look to turn 9 years
old in March, one of the longest such runs
in history.
The firm's global chief investment officer sees one last window
in the nine - year -
old bull market for stocks to post major gains.
The extent of the initial plunge raised new fears that some investors who tend to track past price movements of stock indexes would conclude that the nine - year -
old bull market has run its course, making the recovery later
in the day somewhat important from that perspective.
Having seen the share
market's ups and downs since he started buying shares
in the 1960s, share
market 85 - year -
old trader Frank Hirst knows a thing or two about the bears and the
bulls.
I think it was a long step forward
in my trading education when I realized at last that when
old Mr. Partridge kept on telling the other customers, «Well, you know this is a
bull market!»
This
bull market is one of the
oldest in the last century.
In 2000, I wrote a short paper entitled «Death of the Risk Premium,» with Ron Ryan, which was received with widespread derision, but ultimately proved correct: plain
old 10 - year government bonds have produced higher returns than stocks since then, by a cumulative margin of over 30 %, despite the durable
bull market since 2002.
«Just imagine taking out a five - year 401 (k) loan during this current
bull market at 30 or 35 years
old — it could severely impact your future nest egg,» says Malik Lee, a certified financial planner at Henssler Financial
in Kennesaw, Georgia.
Add to that the fact that the
bull market turns five years
old in March — only 5 of the 15
bull markets since the Great Depression have lasted this long — and it wouldn't be surprising if some investors are thinking it might be time to scale back any new investing (or even head for the exits altogether).
In 6 weeks there «might» be the Birthday party of this
old tired
bull market.
The current
bull market being more than 8 years
old and having a lot of bubbly sings
in the
market, how realistic is it that we'll see another doubling from here on?
The
bull market will look to turn 9 years
old in March, one of the longest such runs
in history.
And although I read recently that
bull markets don't die of
old age or collapse of their own weight, I think sometimes they do (a dollar for anyone who can identify the catalyst for the collapse of the
bull market and tech bubble
in 2000 — it's not easy).
Noone seems to want to invest
in boring
old gold
in a
bull market and everyone rushes to gold
in the fear of a bear
market.
In general, corporate credit remains solid and corporate earnings remain strong.7 The
bull market is
old, but many analysts believe it still has legs.8 The greatest danger of the high - yield sell - off may be psychological — the potential for investors to overreact to a small sign of
market weakness.
But if you trust the
old saw that «seeing is believing,» why don't the vast majority of investors understand that we're
in the midst of a rip - snorting
bull market?
There is an
old rule
in the
market, often repeated by Jim Cramer on his «Mad Money» program on CNBC: «Bears win,
bulls win, pigs get slaughtered.»
Many thoughtful people believe that the
bull market that began
in March 2009, the second
oldest in 70 years, is
in its final months.
One such animal we were able to save through our Hope Program is Elsa, a beautiful and charismatic 5 - year -
old pit
bull that was found tied up outside a
market in East Palo Alto.
To the north of the town is a 19th century
bull ring and
in the
old town on Sundays and Tuesdays is a
market which is always a hive of activity.
It was once observed that if an
old AFL football team wins the Superbowl, a bear
market will ensue on Wall Street
in the next year, while an NFL team victory presaged a
bull market.