Good News for Investors: Bull Markets Usually Last Way Longer Than Bears
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Investors got some welcome news earlier this month when stocks entered a bull market. But how long will it last?
The S&P 500, a benchmark index commonly used to measure the performance of the stock market overall, rose to 20% above its previous low on June 8. The move ended its longest bear market since 1948. The index is up around 14% for the year as of Friday morning.
Despite stocks moving past the threshold considered necessary to declare a new bull market, some experts warned that the rally may not be sustainable. Liz Young, head of investment strategy at SoFi pointed out that stocks were still below the peak they hit in January 2022.
