Stock Market and Bond Market

extraordinary bull market: Those years saw an extraordinary bull market in the bond market, and the three decades since included what became a golden age for stock market investors, according to The Guardian. Related:Times are hard for bankers – but they did nearly bankrupt the planet Sure, the stock market path was a bumpy one, with downturns, mini-crashes and other more serious bursts, like of the dotcom bubble in 2000. If you came of age in the early 1980s and started investing, you’ve already won the game. Overall, however, returns greatly exceeded historical averages, and recessions cleared the way for the market to climb to greater heights. But the era lasted long enough to make Americans think of it as normal, and to leave us wondering about what feels like an abnormal environment of volatile markets and mediocre returns. Consulting company McKinsey is now warning us that the factors that contributed to those golden age returns don’t exist any more. (news.financializer.com). As reported in the news.