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...