Fidelity says we’re in an early cycle bull market – do you guys agree?

Source: www.fidelity.com/learning-center/trading-investing/markets-sectors/bull-market-highs?ccsource=email_weekly

Key takeaways from the article:

  • The stock market hit new highs last week, and the history of market cycles suggests that the current bull market trend could continue for some time to come.
  • In terms of the business cycle, the US economy is out of recession and into an early cycle recovery.
  • In addition, the market continues to display characteristics of a secular bull market. Secular bull markets are prolonged super-cycles in which the market produces above average returns.
  • Factors supporting the secular thesis include de-equitization (the number of public stocks is declining), a highly accommodative monetary policy, and a weaker dollar.

Interested in hearing your opinions.

 

 

h/t  initialzx