On June 8, 2023, the S&P 500 index closed at 4,293.93, just over 20% higher than its lowest recent closing value of 3,577.03 reached on October 12, 2022.1 According to a common definition of market cycles, this indicated that the benchmark index was officially in a bull market after a bear market that began in January 2022. By this definition, the current bull market began on October 13, 2022, the day after the bear market ended at its lowest point.
Is This Bull Timid or Ready to Charge?
Jun 29, 2023 12:13:21 PM
written by
The Retirement Group
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posted in Financial Planning, Stock Market, Inflation, 2023, Bull Market