观点市场

What will murder the bull market?

As the investment adage goes, stock runs don’t die of old age

The writer is co-founder and chief investment strategist at Absolute Strategy Research

“How long can this bull market last?” is becoming a key question for investors, especially given the recent market volatility. While this sounds a simple question, it remains one of the trickiest to answer.

The current bull market has seen outsized returns for many years, with US equities having gained more than 100 per cent since October 2022. While there were shortlived pullbacks in 2022 and in the pandemic, there has been an overall 10-fold increase since the end of the financial crisis in 2009.

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