New Bull Market Emerging, Likely to Last 10 Years Driven by Millennials, Tech Growth
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A new secular bull market is emerging, likely to last about 10 years, driven by favorable demographic trends as millennials reach peak earning years.
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Technological advancements, like AI and computing power, are fueling growth, revenues, and profits for tech companies big and small.
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Historically bull markets last 10-20 years despite volatility; the last two were from 1950-1967 and 1982-2000.
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Risks remain, like potential fiscal deficits leading to inflation, restrictive Fed policies, and constraints on money supply and liquidity.
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Despite risks, the economic and market outlook looks positive for long-term investors over the next decade.