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May 07 2024

The Bull Vs. Historical Peers

  • May 7, 2024

Now at the bull market’s one-and-a-half-year mark, it’s notable that every major stock index has trailed the average path for a new bull market at this point in a cycle. But, it’s unfair to liken today’s bull with past bulls, because it has a unique adverse trait that is apt to be life-shortening: It arose during an economic expansion—and likely in the latter stages, considering the unemployment rate was 3.5%.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager