The longest
secular bull move occurred from 1942 to 1966 (24 years).
The shortest
secular bull move lasted only eight years (1921 to 1929).
Not exact matches
When valuations
move from depressed levels to historical extremes over the span of several market cycles, the result is a «
secular bull market» and headlines about permanently high plateaus.
US stocks are not now and were not at the beginning of this
move cheap enough in my opinion to support a
secular bull market thesis.
This is exactly what metals» and miner - holders will face as the next leg (s) of the
secular bull run in gold and silver starts
moving upward in a sustainable manner.
During
secular bear markets, there are shorter - term cyclical
bull (upside)
moves, but the general trend is sideways and down.
The book covers the factors that
move Gold, why Gold fell into a long bear market that would end soon, why Gold's
secular bull market would resume and why gold mining stocks were / are the buy of a lifetime.
In summary, history shows us that the stock market
moves in long
secular bull and bear market trends lasting 15 - 20 years on average.