Stephanie Keith/Getty
- Strategists at Morgan Stanley have put together a guide on which assets are most consistent with the final stages of a bull market.
- “Our current environment of rising inflation, strong data, tighter policy, flatter yield curves and more volatility is consistent with a late-cycle market,” they said.
The agreed definition of a bear market is a 20% decline from the most recent high.
But it’s not as straightforward to predict when a bear market is looming. Moreover, the bear markets in the 1980s crash, the dotcom bubble, and the 2008 financial crisis were all preceded by strong final rallies.See the rest of the story at Business Insider
NOW WATCH: The best and worst things about the Tesla Model 3
See Also:
- Obama made one of history’s greatest stock market calls 9 years ago
- Morgan Stanley breaks down which markets provide the clearest hints of a downturn
- Stocks are on pace to shatter a surprising record — and it could save the market from disaster
SEE ALSO: TOM LEE: Here are the 20 stocks best positioned to endure a trade war
