The two-year-old bull market in stocks could last for another year, NDR strategists said.
Median gains in the third year of a bull market are about 13%, the firm said in its analysis.
AdvertisementThe latest bull market in stocks may still have a long life ahead of it, according to Ned Davis Research.
In one instance, the bull market ended after the Fed reversed its rate cut decision, spooking investors.
The S&P 500 has gained 60% since the index entered bull market territory in October 2022.
Persons:
That's, —, Ned Davis
Organizations:
Service, Ned Davis Research, NDR
Locations:
Europe