Barry Ritholtz, Columnist

This Bull Market Has Room to Run

Many of the conditions are in place for long-term gains in stocks.

November 4, 2016 at 3:59 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

It should be clearer from this angle.
Photographer: miguel riopa/afp/getty images

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Are we in a short-term cyclical bull market, one that is already long in the tooth and coming to an end? Or are we in the early years of a secular bull market, one that might last a decade or more?

The answer could have a significant impact on how your portfolios perform during the next few years. A few examples, definitions and some data points will help provide some context for this discussion.