TimParticipantStatus: AccountantPosts: 1443Joined: 09/18/2018March 13, 2019 at 12:53 pm MST #198191ZZZParticipantStatus: SpousePosts: 298Joined: 06/18/2018
It’s not the 10 year bull anniversary.March 13, 2019 at 12:56 pm MST #198194TimParticipantStatus: AccountantPosts: 1443Joined: 09/18/2018
Barry is the “blogfather”.
When does a bear market start?
When goes when does a bull market start?
When does a recession start?
Another common reading of Barry’s thought process is that his “reaching a new high” is just the confirmation of a bull market, NOT THE START. Just as two quarters of GDP falling does not make a recession. Three quarters does confirm the start retroactively to the first quarter.
“There is no specific and universal metric used to identify a bull market. Nonetheless, perhaps the most common definition of a bull market is a situation in which stock prices rise by 20%, usually after a drop of 20% and before a second 20% decline. Since bull markets are difficult to predict, analysts can typically only recognize this phenomenon after it has happened. A notable bull market in recent history was the period between 2003 and 2007. During this time, the S&P 500 increased by a significant margin after a previous decline; as the 2008 financial crisis took effect, major declines occurred again after the bull market run.”
Barry can have his opinion and writes beautifully. His law degree doesn’t make it correct. Cyclical or secular?
It started at March 9.March 13, 2019 at 8:56 pm MST #198304