Market Cycle on Steroids Leaves Wall Street Guessing What’s Next
- This is not your traditional economic expansion, says Hainlin
- Investors consider multiple factors in predicting cycle stages
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Early, middle, or late? For stock investors who believe the past is prologue, it’s a mystery that matters.
Wall Street wants the answer to what sounds like an easy question: how old is the bull market? That depends, of course, on what you consider its birthday. Is it the end of the financial crisis, the end of the Covid-19 rout 11 years later, or some other point in time?