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Ryan Detrick, chief market strategist at Carson Group, reflects on the prevailing bearish sentiment at the onset of the secular bull market in 2013.
Detrick highlights that despite widespread skepticism at the time, he has remained consistent for 13 years in his view that markets are moving higher.
Detrick has previously stated that secular bull markets start at breakout points, challenging typical market timing views in a past interview. He has also reviewed data showing that investor sentiment can turn bearish even as major indexes post record gains, according to a separate analysis. These observations reflect the persistent skepticism that has accompanied the market’s rise.