Cologne The Ukraine conflict, the persistently high inflation and the ongoing economic weakness do not seem to play a major role on the US stock exchanges: the market-wide US index S&P 500 is again in the bull market. What is meant by this is a phase of persistently rising prices.
The stock market is usually said to be in a bull market when the market has risen by at least 20 percent since the previous low. However, Thomas Lehr, capital market strategist at Flossbach von Storch, qualifies: “Bull markets on the stock exchange are a bit like a recession. There’s a technical definition, but for most people it doesn’t really matter until it actually feels like a bull market.”
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Further
Read on now
Get access to this and every other article in the
web and in our app.
Further