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Eighth longest bull market since WWII, Ryan Detrick notes

Eighth longest bull market since WWII, Ryan Detrick notes
Current bull market ranks eighth longest

Ryan Detrick, chief market strategist at Carson Group, points out that the current bull market is the eighth longest since World War II.

According to Detrick, one would need to look back to the early 1960s to find a bull market that reached this duration but did not last at least five years.

Detrick recently discussed the outlook for the U.S. Federal Reserve ahead of its upcoming decision, noting that no rate hike is expected next week. He has also highlighted the performance of technology and communication stocks as the Mag 7 reached a new all-time high, leading the S&P 500. These observations add further context to his latest comments on the longevity of the current bull market.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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