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.
Data for Canadian bonds goes back to 1986,
a period of a secular bull market.
Not exact matches
Taking into consideration the fact that there is just two other circumstances when the debt / GDP NYSE margin had increased by about 30 basis points or more in a
period of only three months — that happened when the ration had reached its two major
secular bull market highs — the likelihood is highly probable that the NYSE margin debt / US GDP, is once more at its peak
of all time high
of 2.87 %!
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.
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.
Despite showing this end -
of -
Secular -
Bull -
Market period to make my point about market retracements, my technical view with the data currently at hand, as per the market analysis webinar mentioned above, is that the current Secular Bull Market is in it's first 5 years, not last 5 ye
Market period to make my point about
market retracements, my technical view with the data currently at hand, as per the market analysis webinar mentioned above, is that the current Secular Bull Market is in it's first 5 years, not last 5 ye
market retracements, my technical view with the data currently at hand, as per the
market analysis webinar mentioned above, is that the current Secular Bull Market is in it's first 5 years, not last 5 ye
market analysis webinar mentioned above, is that the current
Secular Bull Market is in it's first 5 years, not last 5 ye
Market is in it's first 5 years, not last 5 years...