Elena Nikulina

Market remains in a bull phase, Liz Thomas notes

Market remains in a bull phase, Liz Thomas notes
Pullback not end of bull market

Liz Thomas addresses concerns about market movements, stating that a pullback does not necessarily indicate the end of the bull market.

She references commentary from another market participant, highlighting their perspective on the potential for continued upward momentum.

Thomas previously observed the S&P 500 reaching a new intraday high after bouncing off a key retracement level in July’s deleveraging cycle, as reported here. She has also noted that U.S. real 30-year Treasury yields rose above 3.07 percent, marking their highest level since 2002 and during the 2008 financial crisis here. These developments provide context for her current view on market pullbacks.

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