Us Bull Market Has Won Time.

On Wednesday, the US stock market will have its seventh bull market birthday, but according to MarketWatch, although the bull market has lasted so long, investors have little love for the bull market.

Up to now, the bull market in the US stock market has lasted for 1762 trading days. If the US stock market can keep the bull market in the next 29 trading days, the bull market will exceed the bull market from June 1949 to August 1956.

Since the war, the longest bull market in US history has lasted for 10 years, or has lasted for 2389 trading days.

The current bull market in the United States suffered some setbacks, especially at the beginning of the year.

However, there has been some rebound in the market recently. The Dow rose 2.2% last week, the S & P 500 index rose 2.7%, and the NASDAQ climbed 2.8%.

Strangely enough, although the current bull market has the same gains as the bull market in 90s, it has risen by nearly 200% in 7 years, but their upward path is different.

As investors worry too much about the market, conservative investment practices have become normal. In the long run, this is a good thing for the stock market.

"Too high confidence in investment is not necessarily a good thing, it may lead to a decline in the stock market, because investors are too self confident often to lead to blind investment behavior," Paulsen said.

Merrill Lynch's buy direction index also reflects the current bull market not being seen by investors, which is used to track how much stock strategist is willing to allocate in their portfolios.

As shown in the bull market in 90s,

The mood of bullish stocks is relatively high, and in the bull market, the stock market sentiment is very strong.

However,

It is emphasized that the real difference between the bull market and the previous bull market is the level of economic growth.

He said that in 90s, the annual economic growth was around 2.4%, while the current growth rate was less than 1%.

"The reason why the bull market can last for so long in 90s is because of the improvement of productivity, and the bull market is going to go far, and we must rely on the promotion of productivity," Paulsen said.

Jim Paulsen, chief investment strategist at Wells Fargo, believes that the reason why the bull market is not popular with investors is the long-term concern in the market.

He said that compared with the bull market in history, the current bull market has always been accompanied by investors' concerns about it.

It is Rodney Dangerfeld's bull market: it has not received due respect.

Paulsen said that the market has encountered many problems and difficulties in its efforts to recover. For example, the market must face investors' rising unemployment rate, debt ceiling, and so on.

And the auto industry's rescue and China's economic slowdown and worries and fears that the municipal bond and real estate market may collapse.