Friday, 22 November 2013
Is this the beginning of a secular bull market?
"The Market Can Remain Irrational Longer Than You Can Remain Solvent”. Every pundit is worried about the impending crash or the QE taper talk hounds airtime needlessly. Let’s look the facts and take a vote here:
It will be interesting to see the poll results to gauge investors’ sentiment.
First off, what’s the definition of secular market? A secular market is “one where a market is driven market driven by forces that could be in place for many years, causing the price of a particular investment or asset class to rise or fall over a long period of time. In a secular bull market, strong investor sentiment drives prices higher, as there are more net buyers than sellers. In a secular bear market, weak sentiment causes selling pressure over an extended period of time”.
Read more here: Articles by Hedgie