Mid-March this year will mark the 5 - year birthday of this current US
stocks bull market.
Michael Hartnett has made it no secret: He thinks the almost nine - year
stock bull market is on its last legs.
The two - day plunge was not the beginning of the end of
the stock bull market, says Raymond James» Jeffrey Saut.
The Crash of 1987 came on the heels of a spectacular
stock bull market that started in 1982 that was fueled by a supercharged business environment that included hostile takeovers, leveraged buyouts and merger mania.
And as has been the case since
the stock bull market began in 2009, price «corrections» can happen at any time.
As a final indicator of
the stock bull market's status, we return to John Templeton's bull market «clock» depicted in Figure 4 (below) that we've discussed on prior occasion.
Some worry interest rate / bond yield increases will kill
the stock bull market, but that possibility remains some ways off in our estimation.
My colleague Rob Charette uncovered some statistical evidence based upon the 35
stock bull markets since 1900.
Not exact matches
«It's going to be critical for earnings growth to kick in in order to sustain the
bull market from here and to be able to push
stocks higher,» says Sarah Riopelle, vice-president and senior portfolio manager at RBC Global Asset Management.
It's why Wilson stressed that although we're seeing a cyclical top for US
stocks, we're still in the middle of a secular
bull market.
After a nine - year
bull run in
stock markets, many analysts consider British and European companies to be close to peak values, ramping up the risk of over-priced purchases.
Buybacks have been a safety net of sorts for the
stock market through the almost nine - year
bull market.
Yet while Hartnett's bearish side has driven much of his recent commentary, he still sees a way for the
stock market's ongoing rally to become the «greatest
bull market of all time.»
Earnings growth has been the foremost driver of
stock price appreciation throughout the nine - year
bull market — but what happens if it slows down?
January's preliminary figure is down from $ 702.7 billion at the end of September, but up from $ 632.4 billion at the end of March, when the start of a
bull market began sending
stock prices higher.
Jim Cramer pointed out the contradictory action in oil prices and airline
stocks, two related sectors benefiting from the
bull market.
Benjamin Graham states in The Intelligent Investor: «An elementary requirement for the intelligent investor is an ability to resist the blandishments of salesmen offering new common
stock issues during
bull markets.
The findings correlate with an uneven year for business in 2015, due to
stock market volatility in the third quarter, which ended a long
bull run in the wake of weakening global economies and a devaluing of China's currency.
Nine years into the U.S.
bull market in
stocks, we are still optimistic for the year ahead.
After a five - year bear
market in most metal commodities, miners finally had a
bull run in 2016, with some
stocks» prices more than doubling off their lows.
Wild action leading up to the
stock market crash is important to remember as people handicap the chance that such a jolt could hit the current
bull run.
With an aging
bull market in the U.S. nearing the end of its seventh year at press time, it's difficult to find safety in cheap
stocks; even formerly stodgy dividend payers now trade at dangerously expensive valuations.
The rates, held near zero for the entire
bull market, have been widely credited with pushing
stock prices up.
The
stock market's unrelenting march higher has changed how investors see this
bull market, according to Credit Suisse.
Furthermore, Boris Schlossberg, managing director at BK Asset Management, said Tuesday on «Trading Nation» that while neither
stock is a buy right now, «the bullish case for both is if you're truly a big believer in a massive
bull move this year in the
market, and that the tax cut is going to increase spending on travel.»
Companies that have aggressive accounting where management is pulling the wool over investors» eyes and artificially propping up their
stock price can lead to solid returns, even in a
bull market.
The current
market is reminiscent of the 1990s
bull, he added, as
stocks are benefiting from an extended economic expansion and low inflation.
The threat of nuclear war with North Korea didn't kill the
stock market's
bull run.
In general, so - called value
stocks — often defined as those trading at earnings multiples below the
market average or their own historical norms — have tricked a lot of investors in the most recent phase of the current
bull market, which has worn on nearly seven and a half years.
«If we enter a
bull market, these
stocks will go from five times earnings to about 10 times earnings, and they haven't done anything yet,» he says.
The latest leg of the
bull market in
stocks could have a familiar impetus — a Federal Reserve unlikely to rock the boat, particularly while many of its members are still learning the vagaries of central banking.
Those observations came the same day as
stocks set still new records as the ninth anniversary of the current
bull market approaches in two months.
Although value
stocks typically hold up better in times of volatility, this
bull market has been exceptionally smooth — up until the last year, that is — and favored high - growth momentum
stocks, which tend to have more expensive valuations.
Or the bank
stock bulls who noted that the institutions were among the cheapest on the
market, and who believed interest rates were about to rise in mid-2015.
And then there are the more endemic challenges of lofty
stock valuations, ballooning budget deficits, and the turbulent end of a three - decade - long
bull market in bonds.
«The thesis that shorting the FAANG
stocks would act like a turbo - charged portfolio hedge because of their out - sized run - up in the
bull market was a good call,» Ihor Dusaniwsky, managing director of predictive analytics at S3, told Business Insider.
In 1987
stocks around the globe fell 40 % and many people said the
bull market was over.
Then in 1989, 1990, 1994, 1997, 1998 there were many times when
stocks collapsed and everybody was convinced the
bull market was over.
You can expect the latter message to grow louder in the months ahead; the longer the
stock market's
bull run continues, the more skeptics suspect a correction is due.
The long
bull run for
stock markets could be due a correction, according to one prominent emerging
markets investor.
Still, despite a flight to shiny metals, a bear
market in
stocks does not make a
bull market in gold, he said.
Corporate culture pays off, as
stocks of companies with happy employees have been outperforming the
market throughout the
bull run.
It didn't work, as Chinese equity
markets continued their descent on Monday, fueling worry because it is unclear how much of the country's
bull market was funded by individuals borrowing to buy
stocks.
We're more than nine years into a
bull market, and it's no secret that
stocks are expensive.
The
stock market should forge ahead on its
bull run, Einhorn said in an email Sunday to macro traders that was viewed by Business Insider.
«The current
bull market is not going to end simply because «
stocks have gone up too much»... The buyside is fairly cautious, seeing downside stemming from: (i) deflationary pressures of the 40 % year - over-year oil decline, deceleration in China, Eurozone weakness, and the fall in 5 - year inflation breakevens; and (ii) Fed monetary tightening... Capital
stock is again showing signs of pent - up demand, and as a consequence, companies and households will have to invest.
For example, if the rebalancing rule specifies 50 % of the portfolio should be in
stocks and a
bull market pushes the proportion up to 70 %, the investor should return
stocks to 50 %
The
bull market in
stocks is not over, in our view.»
Despite a flight to shiny metals, a bear
market in
stocks does not make a
bull market in gold, said a widely - followed
market timer.
Despite rising valuations and a soaring American
stock market — the S&P 500 is up 136 % since it bottomed in March 2009 — it's hard to know if we're in the midst of a
bull run, a sideways
market or the prelude to a fall.