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The New Bull Market

The New Bull Market

| March 08, 2021

It has been a little over a year since the coronavirus pandemic blindsided the U.S. economy and crashed the stock market into a short-lived bear market.  The new bull market that began at the end of March / start of April is thus now about 11 months old.  That’s one of the key reasons why analysts at Truist Wealth think the upswing in the S&P 500 still has plenty of room to run.  Looking at data over the past six decades, Truist asserts that the current bull-market may be both too young and too limited in terms of price gains to be over anytime soon.  The current gains are much lower than the average gain since 1957, and the age of this bull is not even close to the average duration of 5 years.

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Jeffrey Cerny