As we have discussed before (see this, this, and this), this is why the right way to date
the start of the new bull market is about March 2013.
In 2013, markets broke out, implying
the start of a new bull market.
Instead, the bitcoin price has reverted to trading in the $ 350 - $ 370 band, putting paid to hopes that last week's rally was
the start of a new bull market.
Not exact matches
This is why we don't date the
start of bull markets until those
new highs get reached.
Its not impossible for this to be the
start of a
new multi-decade
Bull market.
Bill Clinton followed this anthem into the White House 20 - plus years ago, at the
start of an era that brought us commercialization
of the World Wide Web, rapid productivity growth, and a historic
bull market.1 The song also seems fitting as we kick off another
new year, contemplate another Clinton presidential campaign, and develop our capital
market return expectations following another long
bull market.
The end
of the
bull market and
start of a bear
market in the early 2000s sent many
of these
new stock investors to the sidelines, just as real estate investors attracted to skyrocketing property values earlier this decade have also just recently retreated to the sidelines.