What the data reveals about where we are in the bull market

00:00 Josh

You’re pointing to a younger bull market here than many people think. What do you mean by that, David? and and and what do you suggest about how further this market can go?

00:15 David

Yes, Josh, I was just saying here that the bears look smart but the bulls are making money. Everyone wants to compare bull markets to a baseball game. Hey, you know, we’re in the seventh, eighth, ninth inning of the baseball game in this bull market rally. And of course, you know, we’ve had very high-speed returns since April when tariffs were at their lowest, even going back to October 27, 2012 or October 12, 2012. It seems like we’ve gotten great feedback. We had a lot of right tail environments that I loved. I embrace and I and I want more of them. But this leads a lot of people to believe that we’re nearing the end of this business cycle, which I think is absolutely wrong.

01:01 David

The average bull market tends to last about 65 or 66 months. Really since the bottom in October 2022, we are only 39 months into this bull market. But you can look at it not only in terms of duration, but also in terms of performance. The market is up 91% in this time period. The average bull market tends to go up 190%. and a great statistic or super superlative is that in terms of a bull market, once the market reaches its third birthday, it has always lasted about five years. So again, bears sound smart, bulls make money. I really think it is imperative that investors continue to invest in risky assets like IE stocks.