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Is This Bull Timid or Ready to Charge?

Jun 29, 2023 12:13:21 PM
written by The Retirement Group

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.

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posted in Financial Planning, Stock Market, Inflation, 2023, Bull Market

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