saut: Secular bull markets tend to run 15 to 20 years, according to Market Watch. They're not interrupted by 20% to 30% declines. Central banks of the world are printing money, and that's all you really need to know, Saut told CNBC in a recent interview. I think we've got years left on the upside.' Jeff Saut He pointed to the 1949-1966 secular bull market, which endured a 30% drop, but managed to recover from there. I think we've got years left on the upside, Saut said, targeting a potential gain of more than 13%, to 3,600, by the S&P 500 SPX, 0.03% next year. Also, he noted the 1987 crash amid the 1982-2000 bull stretch that ended up being only a blip in the overall advance.
(news.financializer.com). As
reported in the news.
Tagged under saut, bull market topics.