A new bull market in shares? - Aspire Planning Group

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A new bull market in shares?

Since the height of the European public debt crisis in September/October 2011, global share markets are up 32% and Australian shares are up 26%. With the global outlook looking brighter, inflows into share markets seemingly starting to pick up and shares accelerating to the upside over the past few months, an obvious question is whether we have commenced a new bull market? This note focuses on cyclical bull markets, associated with three to five-year economic cycles rather than whether we are in a long term bull market which can run for a decade or two.

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