Is This a New Bull Market? (3 min read)
In mid-October, the US stock market was in a bear market with high inflation and rising interest rates. However, since then, the Nasdaq 100 has surged 37% and the S&P 500 has risen over 20%. While the technical definition of a bull market may have been reached, the market is still below its all-time highs. It is uncertain whether this is a new bull market or just a bear market rally. Although there is no way to know for sure, this article remains investors that the long-term trend is always up, but downturns are expected along the way, even in bull markets.