A Market Peak
Below are the top 5 performing bull markets in history. Interestingly, and surprisingly, the current bull market is number 4 on the list. Upon closer examination, we see that the top 3 bull markets occurred as part of a general secular bull market. Meaning they were part of a period of true economic expansion, a period of real income growth and wealth creation. The current cyclical bull market, however, appears within a greater secular bear market, which makes this the best performing bull market (in terms of performance, not time) of any secular bear period in history. From a timing perspective, the 1970’s bull market (within a Bear Market) ran for 70+ months, while the 2002-2007 bull market (again within a Bear Market) was 55 months in duration.


