S&P 500 – Seasonality During Bull vs. Bear Markets The sell-in-May effect may be more relevant in bear markets. In bull markets, it may be seen as a missed opportunity for potential gains, given the positive momentum and upward trends typically observed in the market. Image: Topdown Charts
S&P 500 – Secular Bull and Bear Markets The strong performance of the S&P 500 in 2023 and 2024 could be seen as a clear indication of a more sustained secular bull market, potentially extending until the late 2020s and early 2030s. Image: BofA Global Research Click the Image to Enlarge
Structural Bull and Bear Markets Structural bear markets can be very painful for investors, as they can lead to prolonged periods of market decline and economic hardship. Image: Morgan Stanley Wealth Management
Peak-to-Trough Declines in Historical Bear Markets Since 1929 A new bull market in U.S. stocks has officially begun, marking the end of the bear market. Image: BofA US Equity & US Quant Strategy
Bear Market – List of Indicators That Have Typically Occured Before Market Bottom Only 50% of signposts have been triggered vs. 80% before prior market bottoms. Image: BofA US Equity & Quant Strategy Click the Image to Enlarge
Secular Bull Markets vs. Secular Bear Markets – S&P 500 / Gold Despite occasional market fluctuations and concerns about overvaluation, the S&P 500 is still in a secular bull market. Image: Morgan Stanley Research
Recessionary Bear Markets – S&P 500 Total Return Recessionary bear market lows can present good buying opportunities for long-term investors. Image: BofA Research Investment Committee
Fed Funds Rate vs. Recessionary Bear Market Lows Fed rate cuts are historically not bullish for the S&P 500. Image: BofA Research Investment Committee
S&P 500 Index – Bull vs. Bear Market Will the S&P 500 return to its all-time high as it remains in a long-term trending bull market? Image: Real Investment Advice
U.S. 10Y-2Y Yield Curve vs. Recessionary Bear Market Lows Historically, a steepening inverted US 10Y-2Y yield curve tends to precede recessionary bear market lows. Image: BofA Research Investment Committee