Is the Bull Market in Stocks Over?

It’s been a challenging month for investors.

First, we had a furious collapse in high-growth stocks that sent Cathie Wood’s Ark Innovation Fund (ARKK) down 20% this month. That’s in addition to some “pandemic stocks” getting cut in half (or worse):

Then we had the Federal Reserve announce they would accelerate their asset “tapering” plans, which has historically been a headwind for markets

This has led to extreme volatility and fear. Which begs the question: is the US bull market in stocks over?

Let’s Talk Secular Bull Markets

One term I often throw around is secular bull market.

A secular bull market is a market that is driven by forces that could be in place for many years, causing the price of a particular investment or asset class to rise over a long period...