The tweet was deleted by the author.
But we saved everything 🙂.
Charlie Bilello, chief market strategist at Creative Planning, notes that bull markets have lasted five times longer than bear markets on average.
He highlights that bull markets deliver approximately 254% returns over five years, compared to a 31% average decline for bear markets over one year. Interrupting compounding growth, he adds, poses the biggest risk to building wealth.
Bilello has previously tracked a series of notable market milestones this year. He reported that the S&P 500 recorded 22 all-time highs since January. In a separate update, he noted the Nasdaq Composite crossed the 27,000 level for the first time. Both indexes have posted multiple new records in 2024.