Unexpected Returns: Understanding Secular Stock Market Cycles Review: Unexpected Returns: Understanding Secular Stock Market Cycles. As an investment manager employing both fundamental and technical analysis, the "Secular Bear Market" seems to me an obvious theme. Major stock market indexes are currently as low as they were in 1998. Six years of a secular bear market and most investors are still using the same strategies that worked in the rising markets of the `90's (buy and hope). This trend is nothing new; stocks have cycled 8 times from upward to sideways, over and over, about every two decades since the 1901. Traditional "buy and hold" relative ... Read more »
By Ed Easterling Price: Check price »
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